Abu Dhabi official crude selling price down 52%

[Kristy]

The official selling price of Abu Dhabi's crude oil grades averaged $59.49 a barrel in May, down 52.06% from an average $124.10 a barrel in the same month a year earlier, figures from the Abu Dhabi National Oil Company (Adnoc) show. The OSP of Adnoc's most popular crude grade, Murban, in May was $60.15 a barrel. Its other crude grade, Lower Zakum, was priced at $60.10 a barrel, followed by Umm Shaif at $59.60 a barrel and Upper Zakum at $58.10 a barrel, reported Gulf News.
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