ADNOC wants Murban as a price marker alongside Brent crude, not a replacement
Abu Dhabi National Oil
Company’s head of trading said on Tuesday that ADNOC wanted to
make its Murban futures contract a price marker alongside Brent
futures, retracting an earlier comment to a conference saying
the firm wanted Murban to replace Brent.
Company’s head of trading said on Tuesday that ADNOC wanted to
make its Murban futures contract a price marker alongside Brent
futures, retracting an earlier comment to a conference saying
the firm wanted Murban to replace Brent.
Posted by Reuters