UAE – Mubasher: Abu Dhabi National Oil Company (ADNOC) announced it has set retroactive selling price for its benchmark Murban crude for May at $72.35 per barrel (pb), down 0.7% from $73.05 in April, Reuters reported.
ADNOC also set the official selling price (OSP) premiums for light crudes, including Umm Lulu and Das at 72.55 pb and $71.85 pb, respectively.
Furthermore, the state-owned company raised the OSP premium for medium-sour grade Upper Zakum by $0.78 pb from the previous month.
