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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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Energy Market Briefing Tuesday, August 25, 2026

1. Headlines

Oil prices are sharply lower today. West Texas Intermediate (WTI) crude settled at $81.08, down $3.93 or 4.62%. Brent crude fell $4.69 to $85.85. The sell-off comes alongside reports that Asian refiners are on course to nearly double their purchases of U.S. crude for September, a move that Rigzone reports could squeeze domestic fuel makers amid record high pump prices.

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