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·

BAKKEN WIRE | ENERGY MARKET BRIEFING
Today is May 13, 2024.

=== HEADLINES ===
1. U.S.-Iran High-Stakes Game: A confidential CIA report suggests Iran can endure a U.S. naval blockade around the Strait of Hormuz for 90-120 days before facing economic collapse. Meanwhile, the U.S. benefits from increased oil production. President Trump may want lower gasoline prices before November elections, explaining a reluctance to escalate militarily. Iran's latest peace proposal was rejected, and the U.S. seeks tougher terms than the original 2015 nuclear deal. (Source: OilPrice.com, published 11:00 ET)

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