ADNOC Setting Up New Trading Unit for Crude, Refined Products
Source: Reuters 4/23/2018, Location: Middle East
Abu Dhabi National Oil Company (ADNOC) was setting up a new trading unit for its crude oil and refined products. The unit will be part of ADNOC’s Marketing, Sales and Trading Directorate, the company said in a statement.
“The unit will introduce and manage non-speculative trading to further maximize value from every barrel of crude oil and refined product that is produced and marketed by the company,” ADNOC said.
