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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: SATURDAY, SEPTEMBER 26, 2026

1. Headlines

Oil prices are under pressure today. As of midday, WTI crude is trading at $92.41, down $2.20 (-2.33%), while Brent crude is at $97.44, down $2.78 (-2.77%). According to Rigzone, this decline follows yesterday’s reports of progress toward a potential U.S.-Iran breakthrough, which could alleviate geopolitical tensions impacting global flows. Concurrently, Rigzone reports that Iraq’s state-owned marketer is rushing to offer buyers last-minute crude cargoes as sky-high freight rates complicate shipments from the Persian Gulf.

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