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BAKKEN WIRE
The Morning Take - Energy Market Briefing
Global Markets

Energy Market Briefing

Bakken Wire Staff·☀️Morning Wire·
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Energy Market Briefing Friday, June 5, 2026

1. Headlines

Oil prices are retreating modestly in early trading. WTI is down 0.43% to $92.64, and Brent is down 0.53% to $94.53, according to price data. Rigzone reports this move is driven by trader optimism that the U.S. and Iran are nearing a deal, easing fears of a wider regional conflict. This follows skirmishes in Lebanon where Rigzone notes Hezbollah has rejected a truce, though attacks have eased.

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