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EUROPEAN WINDOW

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Brent Bounces Back to $69.01/bbl

PCK Schwedt refinery calls for US sanctions waiver, BP seeks US license to develop gas field, US and Saudi firms to explore Syrian oil
4 page report
10 February 2026

Brent Climbs to $69.39/bbl

Shell faces production shortfall, OPEC+ production declines in January, PDVSA reverses production cuts
4 page report
9 February 2026

Brent Climbs to $68.40/bbl

Iran-US nuclear talks restart cautiously; EU plans tougher Russia oil sanctions; Mercuria-Tata JV in India; unsold crude tankers linger.
4 page report
6 February 2026

Brent Regains Support to $67.65/bbl

Brent eased after resistance; Venezuela-Cuba flows, Russia and Pemex flag supply politics, while refinery cuts and Iraq talks shape spreads.
4 page report
5 February 2026

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
4 February 2026

Brent Rallies to $67.67/bbl, Eases

Brent rangebound then firmer. Iran tensions rise, Venezuelan flows to US/EU resume, tanker rates surge, US refiner posts strong earnings.
4 page report
3 February 2026

Brent Softens to $66.10/bbl

Venezuela oil exports rebound as US lifts blockade; EU bans Russian gas by 2027; LNG glut may flip to shortage by 2030
4 page report
2 February 2026

Brent Trades Up to $70.21/bbl

Russian Urals piles up on tankers amid sanctions risk and weak demand; Freeport LNG restarts, OPEC+ output, Iran stays defiant.
4 page report
30 January 2026

Brent Eases from Above $70/bbl

Trump weighs Iran strike options; Venezuela reopening airspace; Reliance and Valera ramp Russian and Venezuelan crude imports
4 page report
29 January 2026

Brent Declines to $66.99/bbl

Trump warns Iran to make deal; Iran open to talks but vows response. Chevron boosts Venezuela exports; Russia naphtha; India diesel
4 page report
28 January 2026

Brent Rises to $66.08/bbl

Tengiz restarts slowly after fire, India crude imports hit a multi-month high, and US Gulf oil/LNG exports halted by severe winter storms.
4 page report
27 January 2026

Brent Trades In $65/bbl Handle

First Venezuelan crude sails direct to the US under 50mb deal; EU backs Russian gas ban by 2027; Urals discounts deepen in India.
4 page report
26 January 2026

Brent Trades Up to $65.88/bbl

US warns Iraq of oil-revenue sanctions; China lifts Russian crude buys to records; Serbia gets fuel waiver; Kazakh-US energy talks continue
4 page report
23 January 2026