The platform’s extensive reach allows investors from multiple jurisdictions to participate in trading the Murban Crude oil futures
Across the world, where varieties of crude more closely resemble those from Saudi Arabia, prices are shooting up as refineries clamour for alternatives
The official selling price for Murban is determined based on futures trading on the ICE Future Abu Dhabi exchange
ADNOC began trading Murban futures on an Abu Dhabi exchange on Monday
Abu Dhabi pumps almost all of the oil in the UAE