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Adnoc cuts benchmark crude price
- United Arab Emirates: Thursday, September 04 - 2008 at 09:25
The Abu Dhabi National Oil Company (Adnoc) has cut the August retroactive official selling price of its benchmark Murban crude, the first time this year that the monthly price has failed to hit a record high, reported Reuters. Adnoc set the August Murban price at $117.50 a barrel, down $19.85 on the month.
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Jeff Florian, Senior ReporterThursday, September 04 - 2008 at 09:25 UAE local time (GMT+4)
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