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BAKKEN WIRE
The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🔆Midday Wire·
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Bakken Wire: Midday Energy Market Briefing Saturday, April 11, 2026

1. Headlines

Oil prices are retreating from recent highs but remain elevated. As of midday, WTI is trading at $96.57, down $1.33 (-1.33%), while Brent is at $95.20, down $0.75 (-0.75%). According to reports from Rigzone and OilPrice.com, the modest pullback comes ahead of anticipated U.S.-Iran talks in Pakistan, with markets cautiously hopeful that diplomatic efforts could ease the severe supply disruption in the Middle East.

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