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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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Bakken Wire Morning Briefing Friday, July 24, 2026

1. Headlines

Oil prices are in retreat this morning after a volatile week driven by escalating Middle East conflict. As of this writing, WTI crude is trading at $89.91, down $2.28 (-2.47%) from yesterday’s settlement. Brent crude follows a similar path at $91.96. This pullback follows a surge earlier in the week where WTI briefly traded above $100, as reported by Rigzone, driven by Houthi attacks on Saudi tankers in the Red Sea.

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