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Brent Rises to $63.76/bbl

Brent jumps as tanker seizure and lower OPEC output and geopolitics tighten supply.
Published: January 9, 2026
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The Mar’26 Brent futures contract has risen from $62.26/bbl at 13:35 GMT to $63.76/bbl at 17:00 GMT (time of writing). In the news, the US has seized the Olina tanker in the Caribbean, which was flying a false flag of Timor-Leste and sailing from Venezuela.

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