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Abu Dhabi National Oil Company (ADNOC) said it had backed its first official sale price for its new oil, Lulu, for $ 81.80 per barrel in October shipment.
October shipments from Umm Lulus are sold for a month at $ 1.75 a barrel above the average Dubai price.
The table below lists the latest official selling prices (and their price differences with Dubai in brackets) in USD / barrel.
October September change
Merban 82.30 (+2.91) 80.35 (+3.10) +1.95 (-0.19)
Mother Lulu 81.80 (+1.75) Not available Not available
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DAS 81.70 (+2.31) 79.80 (+2.55) +1.90 (-0.24)
Zacom Top 80.45 (+1.06) 78.30 (+1.05) + 2.15 (+0.01)
(Prepared by Ahmed Elhamy for the Arabic publication)
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