Abu Dhabi targets Murban oil futures
Abu Dhabi will launch a futures contract for its state-owned oil company’s onshore crude oil product in 2020, after a decision this week by the country's petroleum regulator.
Abu Dhabi’s Supreme Petroleum Council announced the introduction of a futures contract on Tuesday.The new futures contract for the Abu Dhabi National Oil Company’s Murban crude is intended to reinforce UAE’s position as a reliable energy provider. ADNOC said it would move from a retroactive official selling ...
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