Argus launches first ship-to-ship Gulf of Oman prices for Abu Dhabi crude
Published on: Tuesday 11 August 2026
Global energy and commodity price reporting agency Argus has launched the first assessed prices for Abu Dhabi offshore crude exports loading on a ship-to-ship (STS) Gulf of Oman basis. The closure of the strait of Hormuz has disrupted loadings from ports within the region, forcing Mideast Gulf producers to shift their spot market trading away from traditional routes.
News source: https://finance.yahoo.com/energy/articles/argus-launches-first-ship-ship-050800615.html
