Hello Ranges, My Old Friend: Dubai Market Report - Flux News
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Hello Ranges, My Old Friend: Dubai Market Report

Dubai market report

The May Brent/Dubai recorded a feeble fortnight amid prices coming off from a high of $1.10/bbl on Apr 12 to sub-zero territory less than a week later with the move downwards exacerbated by players stopping out of length. Although in true Brent/Dubai fashion, the contract has since been rangebound with resistance keeping prices from venturing beyond 10c/bbl and buying from trade houses and Chinese refineries keeping things from sinking below flat for far too long. 

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Our team of skilled analysts, by utilising the depth and breadth of Flux's proprietary data, position ourselves at the cutting edge of market analysis. This unique vantage point grants us an unparalleled perspective in the market, enabling us to identify emerging trends and lucrative opportunities.

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