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ADNOC to Shift Crude Pricing Methodology from November 2026

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  1. ADNOC will change its crude oil pricing methodology from November 1, 2026.

  2. The company will move from the current ICE Futures Abu Dhabi-based model.

  3. New pricing will use a prompt-month structure based on the Platts Dubai benchmark.

  4. The change applies to all ADNOC crude grades.