Commodities
ADNOC is in talks with international trading firms to sell additional offshore crude through long-term contracts in 2027, Bloomberg reports
ORIGINAL · NewsquawkADNOC is in talks with international trading firms to sell additional offshore crude through long-term contracts in 2027, Bloomberg reportsRead originalHide original
ADNOC traditionally favours direct sales to end-users The state-owned energy company is showing greater willingness to use intermediaries as Persian Gulf oil marketing practices shift following months of regional conflict, the report states
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ADNOC is in talks to sell more offshore crude through long-term contracts in 2027, as regional conflict has coincided with unusual oil-marketing arrangements.
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ADNOC traditionally favours direct sales to end-users The state-owned energy company is showing greater willingness to use intermediaries as Persian Gulf oil marketing practices shift following months of regional conflict, the report states
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