Energy and oilUpdated 6h ago

ADNOC weighs long-term offshore crude sales for 2027

Abu Dhabi National Oil Company (ADNOC) is considering long-term contracts to sell more offshore crude to international oil traders in 2027, according to Asharq Business with Bloomberg. The report links the marketing shift to disruption of traditional supply routes during the Iran war. The talks remain under consideration, and the report does not establish that a final agreement has been reached. In a Feb. 28, 2026, statement, Saudi Arabia’s Ministry of Foreign Affairs condemned Iranian attacks on the UAE and other states as violations of sovereignty that undermine regional security, and expressed the Kingdom’s full solidarity with them.

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