Trade sources said Abu Dhabi National Oil Company is selling spot crude oil through tenders, which is the company's eighth tender since early June. The UAE's state-owned oil company is working to transfer crude oil from the Strait of Hormuz. The Abu Dhabi National Petroleum Company released crude oil from Upper Zakum, Umm Lulu and Das on Monday. The shipping period is October and November. The deadline for bidding is August 13, and the bid is valid until August 14. All three types of crude oil are produced from the Gulf Oil Field and exported through the Strait of Hormuz. Sources said that Abu Dhabi National Petroleum Corporation did not release Murban crude oil in this latest tender. In line with the previous tender conditions, buyers can choose to purchase at the UAE's Fujairah storage area, Zerku Island, or Das Island at the delivery price on board. Buyers can also choose to carry out ship-to-ship transit operations in the Fujaira-Sohar area or in Malaysian waters.

Trade sources said Abu Dhabi National Oil Company is selling spot crude oil through tenders, which is the company's eighth tender since early June. The UAE's state-owned oil company is working to transfer crude oil from the Strait of Hormuz. The Abu Dhabi National Petroleum Company released crude oil from Upper Zakum, Umm Lulu and Das on Monday. The shipping period is October and November. The deadline for bidding is August 13, and the bid is valid until August 14. All three types of crude oil are produced from the Gulf Oil Field and exported through the Strait of Hormuz. Sources said that Abu Dhabi National Petroleum Corporation did not release Murban crude oil in this latest tender. In line with the previous tender conditions, buyers can choose to purchase at the UAE's Fujairah storage area, Zerku Island, or Das Island at the delivery price on board. Buyers can also choose to carry out ship-to-ship transit operations in the Fujaira-Sohar area or in Malaysian waters.