ADNOC Issues Ninth Spot Crude Tender Since June As UAE Boosts Oil Exports

ADNOC Issues Ninth Spot Crude Tender Since June As UAE Boosts Oil Exports Submitted by Tsvetana Paraskova of OilPrice.com Abu Dhabi National Oil Company (ADNOC) has just issued its ninth spot tender offering crude oil to buyers for October and November loadings, as the United Arab Emirates (UAE) continues to push its oil production and exports higher despite the Hormuz crisis. The UAE’s national oil company is offering Upper Zakum, Umm Lulu, and Das crude grades pumped at fie...

By Tyler Durden