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BAKKEN WIRE
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·
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Afternoon Energy Market Briefing Sunday, June 14, 2026

1. Headlines

Oil prices are stable in a quiet Sunday session, with WTI at $84.88 and Brent at $87.33, after a volatile week. The prior sell-off, which pushed crude to a four-month low on June 12, was widely attributed by financial media, including Rigzone, to growing hopes for a U.S.-Iran interim agreement to reopen the Strait of Hormuz. President Trump's public reversal from threatening "VERY HARD" strikes to claiming a deal was close fueled that narrative.

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