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The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
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Daily Energy Market Briefing November 1, 2026

1. Headlines

Oil prices are climbing this morning, with WTI crude at $104.12 and Brent at $113.43, adding $2.12 and $2.63 respectively. According to Rigzone, the upward move is attributed to traders gauging Washington's appetite for renewed military escalation against Iran, creating market uncertainty.

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