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Abu Dhabi's Oil Giant Draws Trader Ire With Murban Supply Muddle

Abu Dhabi's Oil Giant Draws Trader Ire With Murban Supply Muddle

Bloomberg09-07-2025
Confusion around Abu Dhabi National Oil Co.'s supply of its flagship crude grade for this month has left traders frustrated and questioning official messaging around output.
At the heart of the issue is predictability. Traders say Adnoc needs to give consistent signals about volumes to enable a stable physical-trading framework. Abu Dhabi also has ambitions for Murban to become a regional benchmark, establishing futures contracts on a regulated exchange four years ago.
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