What UAE crude grades were sold in the recent ADNOC tenders, and where will the oil be loaded from?

ADNOC sold at least 14 million barrels of UAE crudes including Upper Zakum, Umm Lulu, and Das via a tender that concluded last week; the bulk of the sold volumes was Upper Zakum, which typically loads from Zirku Island in the Persian Gulf, with pickup options also available from Fujairah or Sohar—locations outside the Persian Gulf that avoid transiting the blockaded Strait of Hormuz.

To which Asian countries were the Gulf crude cargoes sold, and how did their pricing compare to the Dubai benchmark?

The Gulf crude cargoes were sold to refiners in China, Japan, South Korea, and India; they mostly transacted at premiums of just a few dollars to the Dubai benchmark, and at least one shipment was sold at a roughly $1 per barrel discount to that same marker.

UAE Sells Bumper Gulf Oil Volumes for Loading Over Coming Months

Jun 8, 2026

Abu Dhabi National Oil Co. sold at least 14 million barrels of UAE crude to Asian refiners via tender, with loading scheduled from June to August. This move ramps up Middle Eastern supply amid regional tensions, trading near Dubai benchmark levels.

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