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Adnoc Reduces Asia Oil Shipments, Boosting Murban Prices

Murban Oil ↑ Strong

Key takeaways

  • Murban Oil: Murban Oil — Strong bullish
  • Abu Dhabi National Oil Co. is cutting crude shipments to Asia, leading to an increase in the price of its flagship Murban oil grade for August and September.
#Oil#Market News#Abu Dhabi National Oil Co.

Analysis

Abu Dhabi National Oil Co. is cutting crude shipments to Asia, leading to an increase in the price of its flagship Murban oil grade for August and September.

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