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Fading Strength

Brent and refined product markets remain broadly rangebound with fading trend strength and compressing momentum
Published: May 19, 2026
Written by:
Martha Dowding

Martha Dowding

Research Associate, Flux
Martha Dowding
and
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
9 page report
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M1 Brent futures trended higher over the past week, reaching the $110/bbl level, attempting to fill the gap between 05 and 06 May. Prices remain supported above the 20-day moving average.

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