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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 Monday, August 17, 2026

1. Headlines

Oil prices are edging higher in quiet morning trade, with Brent crude up 0.6% to $89.05 and WTI gaining 0.22% to $82.58. According to Rigzone, the uptick follows a U.S. threat of new economic pressure on Iran, with lingering uncertainty over the Strait of Hormuz. The Bakken differential to WTI is holding steady at -$3.42.

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