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WTI Crude--
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BAKKEN WIRE
The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🔆Midday Wire·

DAILY ENERGY BRIEFING Sunday, May 24, 2026

1. HEADLINES

Markets are quiet in Sunday trading, with Brent crude holding above $100 per barrel and WTI near $96.60. The minimal price movement follows a volatile week driven by headlines on Middle East peace hopes and a significant 7.9-million-barrel draw in U.S. commercial crude inventories reported by the EIA. The national oil-directed rig count, per Baker Hughes, jumped by 10 last week—the largest weekly gain in four years—bringing the total to 558.

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