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Brent Crude Stabilizes near Sixty Seven Dollars as Market Weighs Risk

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Published: February 9, 2026

Shipping Surcharges

Insurance premiums for tankers transiting key chokepoints remain high, adding a roughly $2-$3 per barrel 'fear premium' to Brent prices that isn't present in domestic WTI grades.

OPEC Strategy

OPEC+ members are closely watching the market as prices drift toward the lower bound of their desired range. Market talk of an emergency meeting is providing some psychological support to prices.