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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 Market Briefing Sunday, June 21, 2026

1. Headlines

Oil prices are trading moderately higher this midday. According to Rigzone, WTI is up 0.91% to $76.54, with Brent at $80.59. The stated catalyst is a renewal of supply concerns, as follow-on negotiations between the U.S. and Iran for a permanent peace deal have been delayed. This follows reports from Friday that tanker traffic through the recently reopened Strait of Hormuz remains sluggish and cautious.

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