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ADNOC Shock

Dubai spreads strengthened, while Brent/Dubai fell amid mixed flows. Trade-house selling may cap gains, but $4 support could hold.
Published: August 18, 2026
Written by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
and
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
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The Dubai market has strengthened this week, with the Sep/Oct’26 Dubai spread rising from $1.50/bbl on 11 Aug to $3.23/bbl as of the time of writing on 18 Aug.

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Written by

Donna Dong

Research Analyst, Flux
Donna Dong

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

About Dubai Market Report

Stay ahead in Middle East crude with this premium report, providing flow-based analysis and insights to inform smart trading decisions.

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