ADNOC considers new crude pricing system tied to Dubai benchmark
June 30, 2026
(World Oil) – The UAE’s biggest oil company is proposing a new pricing methodology for the sale of crude supplies to term customers, said people with direct knowledge of the matter, opting for an approach that’s more aligned with wider regional trading norms. Abu Dhabi National Oil Co.’s crude-marketing team has spoken with refiners and traders about the changes and traveled
