Middle East Gross-ADNOC Reduces October Futures Offer; Aramco may remove October OSPs
SINGAPORE: Middle Eastern crude benchmarks DME Oman and cash Dubai rose on Monday, following global oil futures, as ADNOC announced a 30% cut in crude oil futures supplies. October and that Koch captured 1 million barrels of Middle Eastern crude during transactions in Asia.
Saudi Arabia, the leading oil exporter, is expected to cut official crude oil (OSP) selling prices to Asian buyers for…