Adnoc Raises Premiums

摘要

Abu Dhabi National Oil Co. (Adnoc) has raised November prices and price differentials for all four of its export grades, with levels rising both in absolute terms as well as relative to benchmark heavy, sour Dubai crude. Key light, sour Mideast crude Murban strengthened by $0.35/bbl against Dubai prices, which are assessed by pricing agency Platts. Light, sours Lower Zakum and Umm Shaif also gained against Dubai, each increasing by $0.30/bbl compared to the previous month. Medium, sour Upper Zakum rose by $0.70/bbl against Dubai.