ADNOC Issues Crude Oil Spot Tender for UAE Cargoes

The Abu Dhabi National Oil Company (ADNOC) has officially announced a spot tender for the sale of crude oil originating from the UAE, as indicated in documentation reviewed by Reuters.

The tender includes cargoes of Upper Zakum, Umm Lulu, and Das crude oil, to be sold on a cost-and-freight (CFR) basis. Participants in the tender can specify their desired delivery locations upon submitting bids.

Interested buyers are permitted to place bids for as much as 2 million barrels of crude oil, with deliveries slated from June through September.

These three crude types are sourced from offshore fields in the Arabian Gulf and are typically transported via the Strait of Hormuz, a critical oil shipping corridor globally.

As stated in the tender documents, pricing will be based on a differential tied to ADNOC’s official selling prices (OSPs) or the Dubai crude benchmark.

This tender arrives as global energy markets remain vigilant in monitoring oil supply chains and regional dynamics in the Gulf. ADNOC's latest offering enhances buyers' access to crude supplies from the UAE while allowing for flexible delivery options.

Included in the tender are ADNOC's primary export grades, which hold significant value in international energy markets and serve as critical supply channels for refiners in Asia and beyond.

Oct. 9, 2026 5:45 p.m.

Omani Crude Oil Price Falls to $108.36 per Barrel

Oman’s crude oil price falls to $108.36 per barrel for December delivery, while the October average reaches $87.84

Oct. 9, 2026 5:37 p.m.

Trump Says US Is Holding Productive Talks With Iran

Trump says US-Iran talks are productive and rules out an attack before the November 3 midterm elections

Oct. 9, 2026 5:15 p.m.

Two Killed, Four Injured in Russia's Belgorod Region

Two people were killed and four injured, including a child, in reported shelling in Russia's Belgorod region

Oct. 9, 2026 4:50 p.m.

Putin Offers Russia's Help to Iran on Middle East War

Russia offers help in resolving the Middle East conflict as Putin meets Iran's president in Turkmenistan for diplomatic talks

Oct. 9, 2026 12:26 p.m.

WTO Raises 2026 Global Goods Trade Growth Forecast to 3.9%

The WTO raises its 2026 global goods trade growth forecast to 3.9%, supported by AI investments and supply chain resilience

Oct. 9, 2026 10:08 a.m.

Oman Graduates Fourth Batch of Rafid Smart Cities Programme

Oman graduates 20 participants from Rafid’s Smart Cities Programme at a major urban planning event in Muscat

Oct. 8, 2026 4:26 p.m.

Oil Prices Rise on Middle East Supply Concerns

Oil prices rose as Middle East supply concerns continued, while falling US crude inventories supported prices

Oct. 8, 2026 4:21 p.m.

Nepal Suspends Search for Flood Missing

Nepal suspends flood searches after 1,455 bodies were recovered, with 5,285 people still reported missing

Oct. 8, 2026 4:10 p.m.

Gold Prices Recover From Two-Month Low

Gold prices recovered from a two-month low as investors assessed Federal Reserve rate policy and market conditions

ADNOC Issues Crude Oil Spot Tender for UAE Cargoes

More Trending News

Featured Stories

Sponsored

Trending News