Adnoc crude oil price up in March to $77.63

02 May 2010

According to the latest data from the Abu Dhabi National Oil Co's (Adnoc), the official selling price of crude oil grades had averaged $77.63 a barrel in March, higher than $73.56 per barrel average in February, Gulf News has reported. The official selling price of Murban, Adnoc's most popular crude grade was $78.30 per barrel in March, while Lower Zakum's was $78.15 a barrel, followed by Umm Shaif at $77.80 a barrel and Upper Zakum at $76.25 a barrel, the data showed. Adnoc produces more than 90% of the UAE's oil output.

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