Thursday, May 03, 2012
LONDON (Dow Jones)--Abu Dhabi National Oil Co., or Adnoc, has lowered the official selling prices of its oil grades retroactively for April, according to an official notice from the United Arab Emirates state-owned company Thursday.
Adnoc set the official selling price of its flagship Murban crude oil at $121.20 a barrel, a $5.80 decline from the previous month, the notice said.
Adnoc also lowered the OSPs of its three other export crudes, mainly light sour grades.
-By Sarah Kent, Dow Jones Newswires;4420-7842-9376; sarah.kent@dowjones.com
(END) Dow Jones Newswires
03-05-12 1058GMT
