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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 for Bakken Wire Date: Tuesday, July 28, 2026

1. Headlines

Oil prices are extending yesterday's sharp losses this morning. WTI is down 0.91% to $81.86, and Brent is down 1.36% to $87.16. According to analysis from Rigzone and dealer commentary from Monaxa, the market is rapidly stripping out the geopolitical risk premium built up during the recent U.S.-Iran tensions, following a pause in U.S. strikes and the resumption of Kazakh crude exports from the CPC terminal.

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