Middle East Crude-Benchmarks mixed; ADNOC raises July OSPs – ZAWYA

  • Date: 10-Jun-2020
  • Source: Zawya
  • Sector:Oil & Gas
  • Country:GCC
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Middle East Crude-Benchmarks mixed; ADNOC raises July OSPs – ZAWYA

Middle East crude benchmarks Oman and Dubai were mixed on Tuesday. Abu Dhabi National Oil Company ( ADNOC ) has set the July selling price for its benchmark Murban crude at plus $1.00 per barrel to Platts Dubai, raising it by $5.45 from the previous month.. BP will cut about 15% of its workforce in response to the coronavirus crisis and as part of Chief Executive Bernard Looney's plan to shift the oil and gas major to renewable energy, it said on Monday.. Iraq's new oil minister Ihsan Abdul Jabbar affirmed in a phone call with Saudi energy minister Prince Abdulaziz bin Salman Iraq's full commitment to the OPEC+ production cut deal, the oil ministry said in a statement on Monday..