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BAKKEN WIRE
The Midday Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·🔆Midday Wire·
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Daily Energy Briefing

Thursday, May 21, 2026 | Midday Update

1. Headlines

Crude oil is trading sharply higher today. WTI is up 1.9% to $100.13, while Brent crude gained 1.43% to $106.52. According to Rigzone, this follows a sharp drop yesterday after former President Trump signaled progress toward a possible Iran deal. The market appears to have reversed that move today. The Bakken differential to WTI stands at -$3.42.

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