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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, August 23, 2026

1. Headlines

Oil prices are ticking higher today, with Brent Crude up 0.65% to $94.39 and WTI gaining 0.26% to $87.06. The Bakken differential stands at -$3.42 versus WTI. Headlines are focused on geopolitical tensions and supply constraints. According to Rigzone, crude has extended its rally as Asian demand strengthens while the conflict with Iran continues to constrain global supplies. A separate Rigzone article notes that U.S. refiners are facing a looming supply drop from their biggest foreign crude supplier at a critical time.

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