CRUDE MOC: Possibility of ADNOC crude cuts spurs buyers to market

S&P GLOBAL PLATTS | The possibility of production cuts from Abu Dhabi, the UAE's largest crude producer, for May and June loading cargoes spurred some buyers to emerge from the sidelines to procure cargoes Tuesday. In the S&P Global Platts Market on Close assessment process, Shell was seen bidding for a full-sized cargo of the emirate's Upper Zakum crude, a common feedstock grade for refineries in Asia.


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