Thursday , January 20 2022

ADNOC sets the first official selling price for Lulu's new raw material



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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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