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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 for Bakken Wire Sunday, June 21, 2026

1. Headlines

Oil prices are higher to close the week. As reported by Rigzone, WTI crude rose 0.91% to settle at $76.54, with Brent at $80.59. The primary catalyst cited is the delayed start of permanent U.S.-Iran peace talks, following intensified clashes in southern Lebanon. This has renewed market concerns over the stability of Middle Eastern supply routes, particularly tanker traffic through the Strait of Hormuz.

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