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Brent Breaks $70/bbl

Brent breaks $70; US refiners to buy directly from PDVSA; trade houses win tenders to supply Lybia
Published: February 18, 2026
Written by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Reviewed by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
4 page report
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The Apr’26 Brent futures contract strengthened this afternoon, from $68.99/bbl at 14:00 GMT to above $70/bbl at 18:00 GMT (time of writing).

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