26 Mar 2021 | 15:45 UTC

Infographic: New Murban futures contract adds to Middle East trading options

Abu Dhabi National Oil Co. and the Intercontinental Exchange are launching a crude futures contract March 29, as the UAE seeks to transform the Middle East trading landscape.

The contract, underpinned by Murban crude, may expand ADNOC's market influence and strengthen the port of Fujairah's status as a key storage, refining and export hub.

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Theme

Energy & Commodities Oil Crude Oil Refined Products