Adnoc cuts 4% of Murban crude

UAE-Mubasher: Abu Dhabi National Oil Company (ADNOC) set a retroactive selling price for its benchmark Murban crude MUR-OSP at $43.55 per barrel in November, a decline of 3.75% from $47.30 a barrel in October, according to the company’s statement on Tuesday.

The company reduced Das crude by 3.7% to $43.05 in November from $46.75 in October.

Meanwhile, Upper Zakum crude declined 4.5% to reach $39.40 from $43.95. 

 

Mubasher Contribution Time: 08-Dec-2015 06:57 (GMT)