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Wednesday, October 7, 2026 22:49 GMT

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Top News of UAE

UAE's ADNOC Trading Asia to Join Platts crude price assessment processes

published:07/10/2026 09:57 GMT

Price reporting agency Platts said on Monday it will consider market information submitted by ADNOC Trading Asia in its price assessment processes for physical Asia crude cargoes and partials. Platts, part of S&P Global Energy, said ADNOC Trading Asia had requested to participate in the Platts Market on Close (MOC) assessment processes. The MOC process assesses benchmark crude prices and is closely watched by oil producers, refiners and traders across Asia. The UAE producer announced in July...More


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