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Playing the Quiet Game

Brent/Dubai rose on hedging flows, then retraced on low volume; Dubai lagged, spreads steadier, and weak liquidity softened physical premium
Published: May 5, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
and
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
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Brent/Dubai has been well bid this week, though most of this volume has come from hedging flows by banks and majors rather than any real or speculative OTC interest...

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