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Dramatic Crossroads

Brent/Dubai rebounds to $5.50/bbl amid hedge buying flows on ADNOC tender; backend Brent/Dubai remains well offered
Published: June 9, 2026
Written by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
and
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
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It was almost as if the sell-off never happened. The Brent/Dubai rally is back on the menu, seeking to scale above the peaks of late May.

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