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Abu Dhabi National Oil Co (ADNOC) plans to reduce crude deliveries to Asia customers in August and September, two people familiar with the matter said, prompting the benchmark Murban grade to trade as much as about $7/bbl above Brent this week. The s

2026-08-19

Abu Dhabi National Oil Co (ADNOC) plans to reduce crude deliveries to Asia customers in August and September, two people familiar with the matter said, prompting the benchmark Murban grade to trade as much as about $7/bbl above Brent this week. The sources said spot supply will drop roughly 5%. The reduction applies to OTC sales and does not affect physical barrels purchased via the Abu Dhabi ICE. One source attributed the cut to planned maintenance at Abu Dhabi onshore fields.

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2026-08-19

China's Foreign Ministry spokesperson Lin Jian said at a routine briefing on Aug. 19 that the international consensus to uphold the One-China principle is unshakeable. Lin said Beijing expressed appreciation for Malaysian Prime Minister Anwar's recen

China's Foreign Ministry spokesperson Lin Jian said at a routine briefing on Aug. 19 that the international consensus to uphold the One-China principle is unshakeable. Lin said Beijing expressed appreciation for Malaysian Prime Minister Anwar's recent remark that Taiwan is part of China.
2026-08-19

U.S. special envoy for Syria Tom Barrack said Israel's strike on a Syrian air force base reflects perceptions that Turkey may increase its presence in Syria in the near term.

U.S. special envoy for Syria Tom Barrack said Israel's strike on a Syrian air force base reflects perceptions that Turkey may increase its presence in Syria in the near term.
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