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Aug 11, 2026
The UAE’s state-owned energy giant has launched its eighth open sales process since June, according to trading sources who spoke to Reuters on Tuesday. The Gulf nation, which recently exited OPEC, is seeking to move larger volumes of crude into global markets.
Abu Dhabi National Oil Company (ADNOC) is presenting Upper Zakum, Umm Lulu, and Das crude for October and November loading in its latest spot offering, per Reuters sources. While these grades originate in the Persian Gulf, ADNOC…
