2 news · updated Aug 4, 2026

ADNOC shifts pricing

2026-08-03

Oil traders set to wind down UAE exchange positions after ADNOC benchmark change

ADNOC will switch its crude pricing mechanism from Murban futures to Platts Dubai benchmarks starting November 1. Consequently, traders are winding down positions on the ICE Futures Abu Dhabi exchange

reuters · 2026-08-03 21:46 UTC

2026-07-31

UAE to Overhaul How It Prices All Crude Oil After Big Swings

ADNOC announced it will switch its crude oil pricing benchmark from Murban futures to the regional Dubai marker effective November 1st. This move aims to enhance transparency and stability amid geopol

bloomberg · 2026-07-31 05:42 UTC

ADNOC shifts pricing

Oil traders set to wind down UAE exchange positions after ADNOC benchmark change

UAE to Overhaul How It Prices All Crude Oil After Big Swings

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