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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: July 10,和阿克

Headlines Oil prices are pulling back today, with WTI settling down 0.75% at $71.54 and Brent off 0.39% at $76.00. This comes after a volatile week where prices surged nearly $4 on renewed U.S.-Iran strikes and Strait of Hormuz disruption fears, as reported by OilPrice.com. The Baker Hughes rig count shows U.S. activity flat week-on-week at 581 total rigs, though the Permian saw a drop of 5 rigs. The EIA, according to Rigzone, has lowered its U.S. gasoline price projections for 2026 and 2027.

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