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BAKKEN WIRE
The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🔆Midday Wire·

Bakken Wire Energy Market Briefing Sunday, May 10, 2026

1. Headlines

Oil prices are higher midday, with Brent crude breaking above $101 per barrel. According to Rigzone, the gains are attributed to ongoing "Gulf clashes" and market volatility surrounding Iran's response to a U.S. peace proposal. WTI follows, trading at $95.42. In other geopolitical news, Ukraine claims to have struck two major Russian refineries and an oil pumping station, as reported by Rigzone, continuing its campaign against Russia's energy infrastructure.

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