Flux Markets | Brent Climbs to $69.39/bbl Skip to main content

Brent Climbs to $69.39/bbl

Shell faces production shortfall, OPEC+ production declines in January, PDVSA reverses production cuts
Published: February 9, 2026
Written by:
Giovanni Simonetti

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti
Reviewed by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
4 page report
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The Apr’26 Brent futures contract rallied from $67.71/bbl at 14:17 GMT to $68.87/bbl at 14:49 GMT. Prices continued climbing in the afternoon to $69.39/bbl at 17:00 GMT (time of writing).

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