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Market Chatter: Adnoc Reportedly in Talks to Sell More Offshore Crude to Traders via Long-term Deals
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06:51 AM EST, 11/13/2026 (MT Newswires) -- Abu Dhabi National Oil Co., or Adnoc, is in discussions with international trading companies about further sales of offshore crude through long-term deals, Bloomberg News reported Friday, citing people with knowledge of the talks. The sources reportedly said it remains unclear whether the discussions have resulted in any deals and that Adnoc appeared more willing to sell offshore oil to traders despite its preference to transact directly with end-users. The Abu Dhabi state-owned oil group did not immediately respond to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)
Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.
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