The rise in Murban's OSP differential to Dubai was modest
Adnoc sets Murban crude OSP at $46.60 per barrel
SINGAPORE, October 5, 2015
Abu Dhabi National Oil Company (Adnoc) set the September retroactive selling price for its benchmark Murban crude at $46.60 per barrel, down $2.25 from a month ago, Adnoc said.
The September Murban official selling price (OSP) is now at a $1.23 per barrel premium to Dubai quotes, up 7 cents from the previous month.
The rise in Murban's OSP differential to Dubai was modest, compared with the 10-20 cents a barrel premiums fetched for November-loading cargoes traded last month.
The following table shows the latest OSPs and their differentials to Dubai in brackets. --Reuters