UAE’s ADNOC raises July Murban price to $101.75 per barrel
Abu Dhabi National Oil Co (ADNOC) said on Monday it has raised the July retroactive official selling price (OSP) for its key Murban crude by $4.40 a barrel from June to $101.75 a barrel.
August 6, 2012 4:08 by Reuters
Abu Dhabi National Oil Co (ADNOC) said on Monday it has raised the July retroactive official selling price (OSP) for its key Murban crude by $4.40 a barrel from June to $101.75 a barrel.
The June OSP for Murban was $97.35 a barrel.
July Murban was set at a $2.60 a barrel premium to the July average for Dubai crude, which stood at $99.15 a barrel.
(Reporting by Humeyra Pamuk; Editing by Amran Abocar)
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