ADNOC launches ninth spot crude tender since June, sources say
Abu Dhabi National Oil Company is offering spot crude oil in a tender. This tender is for Upper Zakum, Umm Lulu, and Das crude oil. Bids are due by August twenty-fourth and will remain valid until August twenty-sixth. Buyers can purchase on a free-on-board basis or arrange ship-to-ship transfers. The producer has sold over one hundred million barrels in previous tenders.