Thursday , September 23 2021

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



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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