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 Friday, May 29, 2026

1. Headlines

Oil prices are closing at a six-week low today. West Texas Intermediate (WTI) settled at $87.79, down 1.25%, and Brent crude finished at $91.63, down 1.15%, according to market data. Rigzone reports the primary driver is trader optimism that a U.S.-Iran deal to reopen the Strait of Hormuz is imminent, based on a tentative agreement to extend a ceasefire for 60 days and launch further nuclear talks, as reported by a single unnamed source.

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