
Energy Market Briefing
Afternoon Energy Market Briefing Monday, May 18, 2026
1. Headlines
WTI crude is up over 1% today, trading at $102.14, while Brent is slightly down at $108.91. The Bakken differential is steady at -$3.42 vs. WTI. The U.S. Energy Information Administration (EIA) has widened its global oil deficit projection for 2026, a key factor cited in today's price support for WTI.
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