ADNOC sets Murban crude’s selling price for June delivery

  • Date: 10-May-2020
  • Source: Mubasher
  • Sector:Oil & Gas
  • Country:UAE
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ADNOC sets Murban crude’s selling price for June delivery

ADNOC sets Murban crude's selling price for June delivery. ADNOC has set the selling price of Murban crude at minus $4.45 per barrel (pb) to Platts Dubai, the company noted in a statement on Sunday.. It is noteworthy to mention that ADNOC announced its commitment to the OPEC+ agreement reached in April to cut crude oil production by 9.7 million barrels per day to reduce oversupply amid the coronavirus (COVID-19) pandemic..