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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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Bakken Wire Morning Briefing Saturday, September 26, 2026

1. Headlines

Oil prices are sharply lower this morning. West Texas Intermediate (WTI) crude is trading at $92.41, down $2.20 or 2.33%, according to price data. Brent crude fell a similar amount to $97.44. The sell-off is attributed to signs of progress in U.S.-Iran negotiations, as reported by Rigzone. Concurrently, tight physical market signals persist, with Iraq's state oil marketer reportedly rushing to offer last-minute cargoes due to high shipping costs, according to unnamed sources cited by Rigzone.

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