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Brent Supported At $68/bbl

Brent supported at $68, US and Iranian officials begin talks in Oman, BP's Whiting refinery workers prepare for potential strike
Published: February 6, 2026
Written by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
Reviewed by:
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
4 page report
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The Apr’26 Brent crude futures strengthened on Friday morning ahead of the high-stakes US-Iran negotiations in Oman. Prices initially declined but found support at $67/bbl, gradually rising up to $68/bbl by 14:00 SGT (06:00 GMT).

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