Thursday, May 03, 2012

SINGAPORE (Dow Jones)--Abu Dhabi National Oil Co. has posted the official selling price of its flagship Murban crude oil at US$121.20 a barrel retroactively for April term supply, a $5.80-a-barrel decrease from the previous month, according to an official notice from the United Arab Emirates state-owned company Thursday.

This brings the closely watched premium to benchmark Dubai crude to $3.90 a barrel.

-By Gurdeep Singh, Dow Jones Newswires; 65-6415 4064; gurdeep.singh@dowjones.com

(END) Dow Jones Newswires

03-05-12 1058GMT