Home UAE Abu Dhabi UAE’s ADNOC Raises February Crude Prices ADNOC said on Wednesday it raised benchmark Murban crude prices to $56.55 per barrel, up $10.15 from the previous month. by Reuters March 4, 2015 Abu Dhabi National Oil Company (ADNOC) has raised its February retroactive selling price for crude sold to Asia, a smaller increase than what the market had expected. ADNOC said on Wednesday it raised benchmark Murban crude prices to $56.55 per barrel, up $10.15 from the previous month. The February Murban OSP’s differential to Dubai rose by $0.28 a barrel from the previous month, a smaller rise than the 40-50 cents expected by the market. The 13-cent hike in February Upper Zakum OSP’s differential to Dubai was also less than traders’ forecast of 20-30 cents. 0 Comments