Flux Markets | Back to December (2022) Skip to main content

Back to December (2022)

M1 Brent/Dubai surpasses $5/bbl; good buying interest in screen and OTC; Brent/Dubai open interest stagnates
Published: May 26, 2026
Written by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
Share

The Brent/Dubai rally continues, and the past week saw a breakout above the $4/bbl resistance level as the June Brent/Dubai surpassed $5/bbl.

Premium Content

To continue reading this page, please login or find our about our subscription options.

Written by

Vincent Wu

Research Associate, Flux
Vincent Wu

Related News

Brent Declines as Trump Cancels 20% Fee

Brent eases as Trump confirms Iran shipping blockade. China imports slump, while Brazil and Nigeria adjust fuel policies.

Feeling The Pressure

Dated Brent stays under pressure as buy-side remains absent. CFDs sold heavily, while paper rallies faded after short covering.

Brent rallies to $86.90

US-Iran conflict escalates with fresh strikes, shipping attacks and Hormuz blockade; OPEC cuts 2026 demand outlook, Venezuela output steady.

Reversals (almost) all around!

Bullish strength and momentum in all but RBOB
9 page report