Flux Markets | Re-Evaluation Skip to main content

Re-Evaluation

Brent stays rangebound near $93, with $100 resistance above and key technical support around $90-$87 below.
Published: June 9, 2026
Written by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
,
Mita Chaturvedi

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi
and
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
9 page report
Share

M1 Brent futures have been unremarkably rangebound this week, with prices first rising from a low of $92.63/bbl on 01 Jun to hitting resistance close to $99/bbl on 03 Jun and ultimately making their way to $93.13/bbl at the time of writing on 09 Jun.

Premium Content

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

Written by

Vincent Wu

Research Associate, Flux
Vincent Wu

Mita Chaturvedi

Research Associate, Flux
Mita Chaturvedi

Donna Dong

Research Analyst, Flux
Donna Dong

Related News

Brent Eases as The US Agrees to Further Talks With Iran

Brent eases as US-Iran talks resume. Russia's fuel crunch deepens, while India expands SPR capacity with a new 13mb site.

Brent on its way to weekly gains on geopolitical risk

Oil prices are on-track for a weekly gain, with the M1 Brent futures contract beginning the week at $71.54/bbl.....

Brent Slides as Russia’s Saratov Refinery is Hits

Brent falls as Russia halts refinery runs and bans diesel exports. CFTC blocks 24/7 crude trading; Iraq backs OPEC membership.

Brent trades lower to $77 as US and Iran threaten further strikes

Brent traded lower to $77 even as the US and Iran launch strikes for a second day, threatening further military action