ADNOC offers Murban crude from S. Korea storage in rare move
2/16/2017 7:27:52 AM
SINGAPORE (Reuters) -- Abu Dhabi National Oil Company has offered Murban crude to be loaded in April from its oil storage in South Korea in a rare move, three trade sources said on Thursday.
The offer was made to a pool of selected buyers in Asia and ADNOC did not specify how much volume it plans to sell, they said.
ADNOC has 6 million barrels of Murban crude stored in oil tanks in Yeosu, South Korea, one of the sources said.
Reporting by Florence Tan; Editing by Tom Hogue
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