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BAKKEN WIRE
The Afternoon Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🌅Afternoon Wire·

Afternoon Energy Market Briefing Friday, June 26, 2026

1. Headlines

Oil prices are sharply lower to end the week. As of this afternoon, WTI is down 2.63% to $70.03, and Brent is down 2.82% to $73.37. The Bakken differential stands at -$3.42 vs. WTI. Sources like Rigzone cite rising crude supplies from the Persian Gulf as the primary driver, noting that tanker traffic through the Strait of Hormuz continues to flow despite a recent ship attack. The market appears to be pricing in reduced immediate risk to supply from the region.

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