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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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DAILY BRIEFING: Tuesday, April 14, 2026

1. Headlines

Oil futures are selling off sharply today despite significant supply disruptions. As of midday, WTI is down over 7% to $91.72, and Brent has fallen over 4% to $95, according to price data. This decline is widely attributed by analysts, including those cited by OilPrice.com and Rigzone, to market hopes that a two-week ceasefire in the Middle East will hold and lead to a broader peace deal, despite a new U.S. naval blockade of Iran’s ports in the Persian Gulf.

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