Abu Dhabi National Oil Co (ADNOC) has launched a tender for two light grades, offering Murban or Umm Lulu for loading between Dec and Jan, traders said. Parcels are sized 0.5–2.0 mln bbl and buyers may opt for cost-and-freight (C&F) delivery with a Dec–Feb shipment window. The tender closes on Nov 2 with bids valid to Nov 4. One trader said this is ADNOC's 12th crude tender since clashes involving the US, Israel and Iran began in late February, and noted Murban being offered via tender is uncomm

Abu Dhabi National Oil Co (ADNOC) has launched a tender for two light grades, offering Murban or Umm Lulu for loading between Dec and Jan, traders said. Parcels are sized 0.5–2.0 mln bbl and buyers may opt for cost-and-freight (C&F) delivery with a Dec–Feb shipment window. The tender closes on Nov 2 with bids valid to Nov 4. One trader said this is ADNOC's 12th crude tender since clashes involving the US, Israel and Iran began in late February, and noted Murban being offered via tender is uncommon, which may indicate relatively ample supply.