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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 Market Briefing for Bakken Wire Saturday, September 26, 2026

1. Headlines

Oil prices are under significant pressure today. As of this briefing, WTI crude is trading at $92.41, down $2.20 or 2.33%, while Brent crude is at $97.44, down $2.78 or 2.77%. The primary catalyst cited by financial press is renewed optimism for a diplomatic breakthrough between the U.S. and Iran (Rigzone). Concurrently, reports indicate Iraq's state oil marketer is rushing to offer last-minute crude cargoes to buyers, a move attributed by unnamed sources to "sky-high freight rates" complicating shipments from the Persian Gulf (Rigzone).

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