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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 Energy Market Briefing Wednesday, April 15, 2026

1. Headlines

Oil prices are mixed this morning, with Brent crude up 0.82% to $95.57 and WTI up slightly to $91.61. The modest gains follow a sharp sell-off yesterday, as reported by Rigzone, on headlines suggesting renewed U.S.-Iran ceasefire talks. President Trump fueled that speculation this morning, telling Fox News the war is "very close to over" and hinting at a potential deal this week. Concurrently, Rigzone reports that Iran is considering a voluntary pause in shipments through the Strait of Hormuz to facilitate new negotiations.

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