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Sentimental Swings

The Brent/Dubai market shifted from moving sideways between $0.20-0.40/bbl until 22 Jan, when Dubai spreads began coming off on screen.....
Published: January 27, 2026
Written by:
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
and
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
Reviewed by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
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The Brent/Dubai market shifted from moving sideways between $0.20-0.40/bbl until 22 Jan, when Dubai spreads began coming off on screen. The Feb/Mar/Apr'26 fly fell from $0.23/bbl on 20 Jan to -$0.06/bbl on 26 Jan, where it remains at the time of writing on 27 Jan....

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