
Energy Market Briefing
Midday Energy Market Briefing: Friday, May 22, 2026
1. Headlines Oil prices are edging higher midday, with WTI up 0.78% to $97.10 and Brent up 0.99% to $103.60. The immediate price support is attributed to a significant 8-million-barrel weekly drawdown in U.S. crude inventories reported by the Energy Information Administration (EIA). Natural gas prices are softer, trading down at $3.03. The Bakken differential to WTI stands at -$3.42.
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