EconomyADNOC to switch oil pricing benchmark to Platts Dubai from Murban futures
Abu Dhabi National Oil Co said it will revise the benchmark used for the monthly official selling prices of all its crude grades. From November 1, the company will use prompt-month Platts Dubai pricing instead of Murban crude futures. The change covers every crude grade sold under ADNOC’s monthly official pricing system.
ADNOC to switch oil pricing benchmark to Platts Dubai from Murban futures