UAE's ADNOC sets July Murban crude official selling price at plus $1/bbl - document

Raising it by $5.45 from the previous month

  
Logos of ADNOC are seen at Gastech. Image used for illustrative purpose.

Logos of ADNOC are seen at Gastech. Image used for illustrative purpose.

REUTERS/Toru Hanai

DUBAI- Abu Dhabi National Oil Company (ADNOC) has set the July selling price for its benchmark Murban crude at plus $1.00 per barrel to Platts Dubai, raising it by $5.45 from the previous month, according to a document seen by Reuters on Monday.

ADNOC had set its June selling price at minus $4.45 per barrel to Platts Dubai.

Murban's OSP is a differential to Dubai quotes while the other three grades are priced as differentials to the Murban OSP.

(Reporting by Dahlia Nehme; Editing by David Clarke and Jan Harvey) ((Yousef.Saba@thomsonreuters.com; +971562166204))

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