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Arguments in the echo chamber

IE Week is clearly underway and Brent is trading in the $68-69 as the market revises the super glut down.
Published: February 10, 2026
Written by:
Will Cunliffe

Will Cunliffe

Research Analyst, Flux
Will Cunliffe
,
Edward Hayden-Briffett

Edward Hayden-Briffett

Research Analyst, Flux
Edward Hayden-Briffett
and
Spyridon Kokas

Spyridon Kokas

Research Analyst, Flux
Spyridon Kokas
Reviewed by:
Jorge Montepeque

Jorge Montepeque

Head of Benchmarking, Flux
Jorge Montepeque
Edition: Asia Edition
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IE Week is clearly underway and Brent is trading in the $68-69 as the market revises the super glut down.

First impressions of IE Week have shown the market is lacking consensus. Some are saying Venezuelan output will boom and Iran is certain to be bombed within weeks, while others think Venezuela is a red herring and a bottomless investment pit and Trump will stuff his face with saffron-flavoured TACOs yet again.

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