Vincent Wu
Research Associate, Flux
Bullish Symposium
Bullish Brent structure rolls into February: strong physical, heavy Feb buying, elevated freight, and spreads suggest momentum can persist.
Last Friday's Brent futures expiry was one of the strongest we've seen for a while, with the cash spread (Mar/Apr'26 BFOETM) trading $1.25/bbl on average, indicating considerable market interest for the March-loading cycle.
Premium Content
To continue reading this page, please login or find our about our subscription options.
Related News
Double Trouble!
Edition: Euro EditionVolume: 3Issue: 23
US shoots down Iranian drone! North Sea window mania. And distillate seesaws
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.
4 page report
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....
Critical Support in Brent Futures Ahead
Brent pulled back after a breakout, holding key technical support. Momentum stays bullish but crowded, pointing to limited near-term upside.
9 page report