Flux Markets | Oil’s Quiet on the Eastern Front Skip to main content

Oil’s Quiet on the Eastern Front

We're currently nearing the bottom of recent ranges in the M1 Brent/Dubai, which makes it critical to monitor prices.....
Published: June 30, 2026
Written by:
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
and
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Share

The last time we wrote this report on 23 Jun, the M1 Brent/Dubai boasted a high of $7.62/bbl and closed at $7.50/bbl. The contract now stands at $3.80/bbl at the time of writing on 30 Jun....

Premium Content

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

Written by

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

Donna Dong

Research Analyst, Flux
Donna Dong

About Dubai Market Report

Stay ahead in Middle East crude with this premium report, providing flow-based analysis and insights to inform smart trading decisions.

Related News

Brent Firms Amid Reports of New US Strikes

Brent holds near $92.67 as US strikes Bandar Abbas; Russia cuts oil forecast to 17-yr low; LNG "dark fleet" doubles.

The Sooner the Weaker…

The physical differential inches up with the weakness localised in the prompt weeks

Brent trades higher as VLCCs struck in the Strait of Hormuz

Brent trades up to $92 amid escalating tensions in the Strait of Hormuz, two outbound VLCCs struck by projectiles

Brent strengthens as US and Iran exchange strikes for the first time in weeks

Brent rises above $91/bbl as the US and Iran trade strikes; US Treasury imposes secondary sanctions on Banque Misr's UAE branches