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Monday, April 23, 2018 13:35 GMT
Abu Dhabi National Oil Company (ADNOC) said on Monday that it 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....More