Tuesday, Mar 06, 2012
SINGAPORE (Dow Jones)--Abu Dhabi National Oil Co. has posted the official selling price of its flagship Murban crude oil at US$120.45 a barrel retroactively for February term supply, a $6.25-a-barrel increase from the previous month, according to an official notice from the United Arab Emirates state-owned company Tuesday.
This brings Murban's closely watched premium to benchmark Dubai crude to $4.29 a barrel, down 11 cents.
-By Gurdeep Singh, Dow Jones Newswires; 65-6415 4064; gurdeep.singh@dowjones.com
(END) Dow Jones Newswires
06-03-12 0848GMT
