Tawasul
Mubasher TV
Contact Us Advertising   العربية

ADNOC cuts Murban crude oil price for October

ADNOC cuts Murban crude oil price for October
Murban crude was priced at minus $0.50 per barrel in October

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company (ADNOC) has lowered the official selling price (OSP) of its benchmark Murban crude at minus $0.50 per barrel (pb) to Platts Dubai for October, down by $1.35 from September, Reuters reported on Tuesday.

ADNOC maintained the October OSP of Das crude at minus $0.35 pb to Platts Dubai and the lower Zakum crude at minus $0.2 to Platts Dubai.

in April, ADNOC lowered Murban crude oil for May at minus $6.95 pb to Platts Dubai, compared to minus $2.75 pb to Platts Dubai in April.