What crude oil grades is ADNOC offering in its latest spot tender, and what are the delivery timeframes?

ADNOC is offering cargoes of Upper Zakum, Umm Lulu, and Das crude oil in its latest spot tender, with deliveries scheduled between June and September. These grades are produced from fields within the Gulf and exported through the Strait of Hormuz.

How is ADNOC pricing the crude oil offered in this tender, and what pricing benchmarks are referenced?

The crude oil offered in the tender will be priced at a differential to either ADNOC's official selling prices or the Dubai benchmark, as stated in the tender document.

ADNOC Offers Crude for Delivery via Tender, Document Shows

Jun 2, 2026

ADNOC issued a spot tender for UAE crude cargoes deliverable between June and September, allowing bids up to 2 million barrels. Prices will be set as a differential to official selling prices or the Dubai benchmark.

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