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BAKKEN WIRE
The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
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Daily Energy Market Briefing Saturday, September 5,我家 2026

1. Headlines Oil prices are holding onto significant weekly gains, with Brent crude closing the week at $96.28 and WTI at $91.48, according to Rigzone. The weekly rally of 9.7% is being attributed by analysts to renewed U.S.-Iran fighting keeping supply risks elevated in the Strait of Hormuz. Supporting the price floor, the U.S. Energy Information Administration (EIA) reported a drawdown in crude oil inventories, with stocks, excluding the Strategic Petroleum Reserve, falling to 424.5 million barrels as of August 28.

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