5 November 2025: 16:30 GMT
ADNOC couldn’t wait to get their December OSPs out and sped ahead of the Saudis. Murban, as set as the average of IFAD Murban futures settlements, got a hefty cut to $65.79, down $4.43 from November. But the big mover was Upper Zakum, which dropped to a $1 discount against Murban for December loading, against the 30c discount set for November! See the full breakdown here.
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