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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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Bakken Wire Afternoon Briefing Saturday, June 20, 2026

1. Headlines

Oil prices are up modestly today, with WTI trading at $76.54 and Brent at $80.59. According to Rigzone, the rise is attributed to renewed supply concerns after U.S.-Iran negotiations for a permanent peace deal were delayed. This follows reports that tanker traffic through the critical Strait of Hormuz remains hesitant despite a recent reopening agreement.

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