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Brent Strengthens Above $68/bbl

India seizes Iran-linked tankers; China boosts Russian oil buys; Hungary seeks Adria access; Equinor makes North Sea find.
Published: February 16, 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 $67.72/bbl at 12:30 GMT to $68.46/bbl at 16:30 GMT (time of writing).

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