IMG.gif

Adnoc, ICE Mull Upper Zakum Futures Contract

Copyright © 2022 Energy Intelligence Group All rights reserved. Unauthorized access or electronic forwarding, even for internal use, is prohibited.
ss1599018643-companies-adnoc

Abu Dhabi National Oil Co. (Adnoc) and Intercontinental Exchange (ICE) are mulling the possible launch of a second futures contract based on the emirate's Upper Zakum crude grade, according to several people familiar with the matter.

Topics:
Oil Futures and Derivatives, Crude Oil, NOCs
#
Opec-plus crude oil production surged by 1 million b/d in July, largely thanks to a recovery in the output of Kazakhstan, Nigeria, and Libya.
Thu, Aug 11, 2022
Production at several US Gulf platforms was halted on Thursday, but the stoppage is currently not expected to last long.
Thu, Aug 11, 2022
Oil futures regained momentum on Wednesday, finding support at the $94/bbl mark and rebounding in the second half of the session.
Wed, Aug 10, 2022