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You Could Hear a Pin Drop

Dubai rebounded after a sharp sell-off. Brent/Dubai strengthened on geopolitics, though higher prices have seen buying fade.
Published: July 21, 2026
Written by:
Donna Dong

Donna Dong

Research Analyst, Flux
Donna Dong
Reviewed by:
Vincent Wu

Vincent Wu

Research Associate, Flux
Vincent Wu
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The physical Dubai market has seen a tumultuous week, with the physical premium falling initially from $3.930/bbl on 14 Jul to -$0.260/bbl on 17 Jul, before recovering to $3.020/bbl on 21 Jul (assessments by The Officials).

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Written by

Donna Dong

Research Analyst, Flux
Donna Dong

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