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BAKKEN WIRE
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·
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Afternoon Energy Briefing for Bakken Wire Date: Wednesday, April 15, 2026

1. Headlines

Oil prices held steady near multi-month highs today. WTI crude settled at $91.40, with Brent at $94.94, following a significant upward revision in the official price outlook. The U.S. Energy Information Administration (EIA) increased its 2026 Brent price projection to $96 per barrel, according to Rigzone. This comes as major traders like BP signal "exceptional" oil trading results for the first quarter, citing high prices and market dislocations.

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