Abu Dhabi grade could be priced above, below or at parity with Dubai and other medium-sour grades in the basket ...

Abu Dhabi National Oil Company (ADNOC) has restored most of the Murban crude oil supply going to equity holders in July after ...

Spot premiums for Murban crude have hit six-month lows on surging supply as the United Arab Emirates ramps up output following OPEC+'s decision to accelerate production hikes and compete head-on ...

In Fujairah - the main delivery point for Murban - ADNOC is currently building underground storage caverns that will be able to hold 42 million barrels of crude, including Murban.

Murban exports averaged 1.636 million barrels per day in April after an eight-year high of 1.644 million bpd in February, according to S&P Global Commodities at Sea data.

ADNOC has restored most of the Murban crude supply to its partners after July cuts, while planning lower export volumes from ...

Forbes Murban Oil Futures Enthusiasts Hope Volume And Liquidity Would Bring Success By Gaurav Sharma. ADNOC's decision to remove destination restrictions on the crude has generated a lot of interest.

What is Murban, and why does it matter?. The story goes back to 1953. The first well drilled in the UAE, in a remote part of the Abu Dhabi desert, found traces of oil.But poisonous hydrogen ...

Murban crude oil traded near the biggest discount to its benchmark grade in two years as refinery profits fell. Abu Dhabi National Oil Co.’s Murban for August loading was 40 cents a barrel below ...

Government-owned Abu Dhabi National Oil Co.’s Murban crude will sell for $63.35 a barrel in June, according to a company statement. That’s down from April’s level of $63.94 for the emirate ...

An unexpected move by the UAE to cut volumes of a key oil grade sold to project partners including BP and TotalEnergies is ...

Top brass from Vitol, JXTG, PTT, and Inpex gathered at ADIPEC 2019 to explain their backing of an exchange that will trade Murban crude futures.