ADNOC Group will change the OSP methodology for all Abu Dhabi crude grades from 1 November, Argus reports, citing sources

Murban, Das, Umm Lulu and Upper Zakum crude grades will move from the current ICE Murban futures-based methodology to prompt-month pricing linked to the Platts Dubai benchmark, plus an ADNOC-announced differential.  The change comes after what Adnoc describes as a regular commercial review.  It also aligns pricing more closely with the month of loading and marks one of the biggest changes to Abu Dhabi crude pricing since the launch of ICE Murban futures in 2021.