Flux Markets | ADNOC Shock Skip to main content
Our reports have now moved onto our Flux platform. Existing customers can Login to Flux for access, or visit The Officials to sign up for free trial access.

Our reports are now published by The Officials, and accessible through the Flux platform. Login to Flux 4.0 to view them, or visit The Officials website to learn more and sign up to a free trial.

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
Share

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.

Premium Content

Our reports are now part of The Officials, and available exclusively on the Flux platform. Existing customers can Login to Flux to access them, or you can visit The Officials to sign up for free trial access.

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.

Related News

Brent supported amid concerns of force majeure in Libya

The US has marked another day of record-high diesel prices, according to AAA....

Fundamentals vs Financial Flows

Continued strength in Dubai crude given geopolitical escalations in the Middle East; however, downside is limited...

The Run Continues

Dated Brent physical diff soars from $3.40 to $8.82/bbl; Oct'26 DFL nears $10; strength concentrated in 05-09 Oct roll, no reversal in sight

Brent recovers to $108

Brent rises above $108 as Ukraine hits Syzran, China crude demand rebounds and refinery disruptions tighten supply.