Flux Markets | Brent Trades Below $68/bbl Skip to main content

Brent Trades Below $68/bbl

Brent trades below $68 amid geopolitical tensions, Equinor expects decline in JS output, US may issue licence for Venezuela upstream oil
Published: February 4, 2026
Written by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
Reviewed by:
Giovanni Simonetti

Giovanni Simonetti

Junior Data Analyst, Flux
Giovanni Simonetti
4 page report
Share

The Apr’26 Brent crude futures initially came off below $68/bbl on Wednesday morning, falling to lows of $67/bbl just before 09:00 GMT before rebounding up to $67.80/bbl by 10:00 GMT (time of writing).

Premium Content

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

Related News

Flat price goes nuclear!

Edition: Euro EditionVolume: 3Issue: 24
Diplomacy in tatters, ADNOC OSPs hit Upper Zakum hard, more Dated Brent mania!

Brent Jumps to $68.80/bbl

Brent jumped on cancelled US-Iran talks. India cuts Russian oil, straining Moscow finances; Venezuela and Cuba flows adjust.
4 page report

Geopolitical Rollercoaster

See all the updates across the barrel, as well as six contracts to watch.
6 reports

Which words to believe?

Edition: Asia EditionVolume: 3Issue: 24
Trump shoves words in Modi's mouth, Europe's anti-Russian crusade drives rotation and China's got even more conflicting signals
Flux Markets
Privacy Overview

This website uses cookies so that we can provide you with the best user experience possible. Cookie information is stored in your browser and performs functions such as recognising you when you return to our website and helping our team to understand which sections of the website you find most interesting and useful.