Abu Dhabi National Oil Company Announces Official Crude Oil Prices for November
智通财经2026/10/08 12:07(1) Abu Dhabi National Oil Company has announced the official price differentials for various crude oil grades in November, with shipment terms based on Fujairah FOB and Fujairah–Sohar FOB or ship-to-ship transfer. (2) The pricing benchmark is the average of the first row of Platts Dubai for the entire month of November 2026. (3) Murban crude commands a premium of approximately $11.00 per barrel. (4) Umm Lulu crude commands a premium of approximately $2.00 per barrel. (5) Das crude commands a premium of approximately $1.00 per barrel. (6) Upper Zakum crude commands a premium of approximately $0.50 per barrel. (7) The differences in premiums among grades reflect quality and the market supply-demand structure, with Murban, as the benchmark light crude, maintaining a significant premium. (8) Attention should be paid to how changes in the Middle East situation and freight rates may impact the transmission of official selling prices and spot premiums.
Disclaimer: The content of this article solely reflects the author's opinion and does not represent the platform in any capacity. This article is not intended to serve as a reference for making investment decisions.
You may also like
Pepsi CEO says he is not satisfied with the performance of the beverage business
PepsiCo (PEP.US) CEO: We are not satisfied with the performance of our beverage business.
GlobalFoundries and TSMC sign a $2 billion silicon interposer agreement
GlobalFoundries surged over 5% pre-market after the company signed a $2 billion silicon interposer agreement with TSMC, with an initial term of five years.
US Stock Market Movement: Globalfoundries surges on October 8 due to TSMC agreement and AI packaging
US Stock Market Movement: BP surges on October 8—Rising oil prices, strong Q3 results, and deleveraging
Crypto prices
More
