UAE's ADNOC cuts Dec Murban OSP to $111.80/bbl

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UAE's ADNOC cuts Dec Murban OSP to $111.80/bbl

DUBAI: Abu Dhabi National Oil Company (ADNOC) said on Wednesday it had cut the December retroactive selling price of its

Shoaib Ur Rehman 04 Jan, 2012

The November official selling price (OSP) for Murban was $114.35/bbl.

December Murban was set at a $5.37 a barrel premium to the December average for Dubai, which stood at $106.43 a barrel. The premium was slightly higher than November's premium of $5.35.

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