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BAKKEN WIRE
The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
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Bakken Wire Morning Briefing Tuesday, April 14, 2026

1. Headlines

Oil prices are retreating sharply today after a brief rally. As of this morning, WTI is trading at $92.04, down 7.1% (-$7.04), with Brent at $95.08, down 4.3%. OilPrice.com reports the pullback is being attributed to two primary factors: a significant cut to the 2026 global oil demand growth forecast by the International Energy Agency (IEA), and a perceived lull in immediate U.S.-Iran tensions as both sides weigh another round of diplomatic talks in Islamabad this weekend.

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