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Documents seen by Refinitiv show Abu Dhabi National Oil Company (ADNOC) set its December Murban official selling price (OSP) at a $4/bbl premium to the Dubai benchmark.

2026-11-10

Documents seen by Refinitiv show Abu Dhabi National Oil Company (ADNOC) set its December Murban official selling price (OSP) at a $4/bbl premium to the Dubai benchmark.

Other News
2026-11-10

On the 10th local time, SOUTH KOREA'S LEE chaired a state council meeting that approved an amendment to widen the Cheonghae unit’s mission area and add military assets; the measure will be submitted to the National Assembly for approval. Under the am

On the 10th local time, SOUTH KOREA'S LEE chaired a state council meeting that approved an amendment to widen the Cheonghae unit’s mission area and add military assets; the measure will be submitted to the National Assembly for approval. Under the amendment, the unit now escorting in the Gulf of Aden would extend its patrol area to waters south of Oman, closer to the Strait of Hormuz. Seoul will deploy one maritime patrol aircraft, an explosive ordnance disposal team and unmanned mine-countermeasure equipment, and adds assisting the restoration of freedom of navigation on international sea lanes as a mission.
2026-11-09

U.S. stock index futures rose early Monday as oil slid. Nasdaq 100 futures were up 0.7% and S&P 500 futures were up 0.8% as U.S. WTI crude fell 3.6% to about $88/bbl. Tom Essaye, founder of Sevens Report, said President Trump’s comments reduced marke

U.S. stock index futures rose early Monday as oil slid. Nasdaq 100 futures were up 0.7% and S&P 500 futures were up 0.8% as U.S. WTI crude fell 3.6% to about $88/bbl. Tom Essaye, founder of Sevens Report, said President Trump’s comments reduced market odds of renewed U.S. strikes on Iran, weighing on oil and lifting futures; Trump said it was “highly unlikely” he would resume large-scale strikes, while Rubio called some Iranian demands “outrageous and absurd.” Investors remain cautious after last Thursday’s sell-off: the Nasdaq 100 sits 4.8% below its 200-day moving average, a historically rare gap, and breaches larger than 3% typically take about 25 trading days to reclaim that MA. Market participants are split on drivers — SocGen strategists point to institutional de-risking, while other analyzes flag large-scale retail liquidations.
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