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·

Energy Market Briefing Wednesday, June 17, 2026

1. Headlines

Oil prices stabilized today after a sharp, four-day selloff. WTI crude closed at $75.04, down 23 cents, while Brent settled at $78.67, down 29 cents, according to market data. The modest decline follows more significant losses earlier in the week. The primary reason cited by financial media, including Rigzone, is the impending signing of a U.S.-Iran interim peace deal, which is expected to lead to the immediate reopening of the Strait of Hormuz and a restoration of Iranian oil exports to the market.

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