Donna Dong
Research Analyst, Flux
Brent Rallies to $67.67/bbl, Eases
Brent rangebound then firmer. Iran tensions rise, Venezuelan flows to US/EU resume, tanker rates surge, US refiner posts strong earnings.
The Apr’26 traded relatively rangebound this afternoon, from $67.06/bbl at 15:00 GMT to $66.65/bbl at 17:00 GMT. Prices rallied up from here to $67.67/bbl at 17:15 GMT, before easing to $67.24/bbl at 17:45 GMT (time of writing).
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