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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 ENERGY BRIEFING Saturday, April 25, 2026

1. HEADLINES

Oil prices are pulling back from recent highs in a volatile session. As of midday, WTI is trading at $94.4, down 1.5%, while Brent sits at $99.13. The primary reason cited across financial wires, including Rigzone and Bloomberg, is renewed but fragile hope for US-Iran peace talks. The White House is reportedly sending envoys to Pakistan, where Iranian officials are also expected, sparking market speculation that a diplomatic channel could reopen. This chatter is temporarily overshadowing ongoing military tensions.

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