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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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Daily Energy Market Briefing Date: Monday, May 25, 2026

1. Headlines

Markets are closed today for the U.S. Memorial Day holiday, freezing WTI at $96.60 and Brent at $100.21. However, weekend news is driving the narrative for Tuesday's open. According to Rigzone, citing a Sparta Commodities analyst, oil prices are under pressure due to reports of a "breakthrough" in the U.S.-Iran war over the weekend. This follows a volatile week where prices swung on geopolitical headlines.

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