Oil Refiners Shun UAE’s Flagship Murban for Cheaper Alternatives

Oil refiners, particularly in Asia, are increasingly turning away from Abu Dhabi's Murban crude, once considered a benchmark, in favor of more affordably priced alternatives from regions like the US, West Africa, and even competitors in the Middle East. This shift is primarily driven by Murban's higher pricing relative to competing crudes, making it less attractive for refiners looking to optimize their input costs amidst fluctuating global oil markets.