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MURBAN CRUDE
Abu Dhabi proposes new oil-pricing system to mirror wider marketAbu Dhabi National Oil Co. is proposing a shift in how it prices crude for term customers, aligning with regional trading norms. The compan...30 Jun, 2026, 04.53 PM IST- Indian Oil Corp buys 5 million barrels of crude from West Africa, Middle East, sources sayIndian Oil Corporation has secured a significant crude oil purchase. The state refiner bought five million barrels from West Africa and the...29 May, 2026, 03.04 PM IST
- Tanker makes rare transit through Strait of Hormuz amid Middle East tensions, sources sayBreaking through tensions, an oil tanker has made its way through the strategic Strait of Hormuz. The vessel is heading to the port of Jeb...04 Mar, 2026, 11.13 AM IST
- HPCL, MRPL buy 5 million barrels US, Mideast oil, sources sayTwo Indian state-run refiners have purchased a total of 5 million barrels of crude oil from the spot market as they seek alternatives to Ru...10 Nov, 2025, 12.53 PM IST
- Indian state refiners pause Russian oil purchases, sources sayIndian state refiners halt Russian oil purchases recently. This is due to shrinking discounts and warnings from U.S. President Donald Trump...31 Jul, 2025, 07.56 PM IST
- India BPCL awards 12-month Murban crude import tender to TotalIndia's Bharat Petroleum Corp secures a 12-month import deal for 1 million barrels of Abu Dhabi's Murban crude oil monthly from April with ...31 Jan, 2025, 01.40 PM IST
- Indian refiners seek crude after US sanctions disrupt Russia oil supplyIndian refiners MRPL and BPCL issued tenders seeking crude oil after U.S. sanctions disrupted Russian supply. MRPL seeks offers for 1-2 mil...21 Jan, 2025, 01.29 PM IST
- IOC buys 7 million barrels of Middle East, African oilIndia's top refiner, Indian Oil Corp (IOC), has purchased 7 million barrels of Middle Eastern and African crude oil via tenders, including ...17 Jan, 2025, 10.06 AM IST
- UAE's ADNOC to cut 5% of Dec crude volumes to term-buyers in Asia - sourcesThe cut comes as the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, started to trim output by ...28 Nov, 2022, 09.19 PM IST
- India's IOC buys 4 mln barrels of crude via tenders: SourcesThe refiner bought 2 million barrels of Murban crude and another 2 million of West African crude, they added. It was not immediately clear ...13 Apr, 2022, 08.46 AM IST
- Saudi Arabia expected to cut June crude prices for Asia: SurveySources at five Asian refiners expected the June OSP for flagship Arab Light crude to decrease by an average of 28 cents a barrel, which wo...04 May, 2021, 11.50 AM IST
- UAE's ADNOC deepens supply cuts to Asia in June in 'fragile' marketThe cuts are part of the United Arab Emirates' (UAE) obligation under a pact between the Organization of the Petroleum Exporting Countries ...25 Mar, 2021, 05.06 PM IST
- UAE's ADNOC to remove all destination restrictions for all its crudesIntercontinental Exchange Inc will launch ICE Futures Abu Dhabi (IFAD) and trade in Murban futures contracts this month.03 Mar, 2021, 02.32 PM IST
- Reliance seeks to sell Mideast crude cargoes in rare moveReliance, controlled by billionaire Mukesh Ambani, has offered various grades of Middle East crude for sale in Asia's spot market, includin...27 Mar, 2020, 05.50 PM IST
- OPEC basket price rose more to $72.86OPEC's reference crude oil basket price rose further to $72.86 a barrel on Thursday from $71.15 the previous day.04 Jun, 2010, 05.03 PM IST
- OPEC basket price rose to $44.48 on MondayOPEC's reference crude oil basket price rebounded to $44.48 a barrel on Monday from $42.56 the previous day.25 Nov, 2008, 02.25 PM IST
- OPEC basket price fell more to $55.90 on TuesdayOPEC's reference crude oil basket price dropped further to $55.90 a barrel on Tuesday from $56.80 the day before, OPEC said on Wednesday.29 Oct, 2008, 02.35 PM IST
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