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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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Energy Market Briefing Thursday, June 25, 2026

1. Headlines

Oil prices are rebounding today after hitting post-war lows. WTI crude is up 1.59% to $71.46, with Brent at $75.03, according to market data. The stated reasons for the rally are a technical bounce from oversold conditions and ongoing, cautious optimism about the reopening of the Strait of Hormuz. Rigzone reports that Qatar has joined other Gulf nations in reviving crude sales, adding momentum to a Middle East supply rebound.

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