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Brave New Dubai

Another week, another sudden reversal in Brent/Dubai! Last week, the Mar'26 Brent/Dubai remained sticky at the $0.85/bbl level, although....
Published: February 3, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
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Another week, another sudden reversal in Brent/Dubai! Last week, the Mar'26 Brent/Dubai remained sticky at the $0.85/bbl level, although with Brent spreads far more supported than Dubai spreads, the M1/M2 (then, Feb/Mar'26) box rallied from a low of $0.24/bbl on 26 Jan to $0.60/bbl on 28 Jan....

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