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Project News Details

Title:

Abu Dhabi proposes new oil-pricing system to mirror wider market

Detail:

The company is considering setting official selling prices for Upper Zakum, Das, and Umm Lulu grades based on a differential to the Dubai benchmark, a move that could simplify comparisons with other regional crudes and support increased production following the UAE's exit from OPEC.

Country:

India

Source:

ET Energy World

Published Date:

30.06.2026

URL:

View Original URL

Regions:

Asia SAARC Countries South Asia

Sectors:

Non-Renewable Energy Postal and Courier Services Oil and Gas Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine

Project News Details

Title	Abu Dhabi proposes new oil-pricing system to mirror wider market
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Detail	The company is considering setting official selling prices for Upper Zakum, Das, and Umm Lulu grades based on a differential to the Dubai benchmark, a move that could simplify comparisons with other regional crudes and support increased production following the UAE's exit from OPEC.
Country	India
Source	ET Energy World
Regions	Asia SAARC Countries South Asia
Sectors	Non-Renewable Energy Postal and Courier Services Oil and Gas Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Published Date	30.06.2026
Original Url	Original Url
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Title
Abu Dhabi proposes new oil-pricing system to mirror wider market
Detail
The company is considering setting official selling prices for Upper Zakum, Das, and Umm Lulu grades based on a differential to the Dubai benchmark, a move that could simplify comparisons with other regional crudes and support increased production following the UAE's exit from OPEC.
Country
India
Source
ET Energy World
Regions
Asia SAARC Countries South Asia
Sectors
Non-Renewable Energy Postal and Courier Services Oil and Gas Construction Energy-Power and Electrical Computer Hardwares and Consumables Marine
Published Date
30.06.2026
Original Url
View Original Url
Share

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Abu Dhabi proposes new oil-pricing system to mirror wider market

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Abu Dhabi proposes new oil-pricing system to mirror wider market

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