WTI Crude$--/bbl▲ +0.00 (+0.00%)
Brent Crude$--/bbl▲ +0.00 (+0.00%)
Natural Gas$--/MMBtu▲ +0.00 (+0.00%)
ND Rig Count--▲ +0 WoW
WTI Crude$--/bbl▲ +0.00 (+0.00%)
Brent Crude$--/bbl▲ +0.00 (+0.00%)
Natural Gas$--/MMBtu▲ +0.00 (+0.00%)
ND Rig Count--▲ +0 WoW
BAKKEN WIRE
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·

Daily Energy Briefing: May 10, 2026

1. Headlines Markets are closed for the weekend with prices flat. The primary news driving recent discussions is a significant federal investment in North Dakota's future oil production. Multiple sources, including the North Dakota Monitor and Oil & Gas Journal, report that the U.S. Department of Energy has officially awarded a $36 million grant to the "Crack the Code 2.0" initiative. This is part of a larger $157 million project aimed at developing enhanced oil recovery (EOR) technologies for the Bakken shale. The program, led by the University of North Dakota's Energy & Environmental Research Center (EERC), involves multiple large-scale pilot projects with contributions from the state and several oil companies.

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