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北京时间·🕒 发布 20:42:24时区推断·⟳ 抓取 20:52:57·⚡ 决策 07-31 20:53:58 +1m01s·87.9 天前
阿布扎比国家石油公司将原油定价基准从ICE阿布扎比Murban合约切换至Platts Dubai
ADNOC调整的是原油销售定价基准和期货合约市场结构，对可交易股票缺乏短周期、可量化的收入或利润传导。
📄 原文Bloomberg↗ 原文
Abu Dhabi National Oil Co., the UAE’s state oil company, said it would change how it prices its crude oil grades, month…
不做 Intercontinental Exchange（ICE.US）
ADNOC切换原油定价基准对ICE的影响局限于Murban相关期货合约，缺乏足够强、足够量化的公司级净损害，不满足做空红线；不做。
展开详情(成交明细 / 研究档案 / 原文全文 / 决策记录链)
研究档案
🔎 新鲜度:最早出现 2026-07-31 · 扩散 medium · price-in 风险 medium ↗
关键理由
- ADNOC调整的是原油销售定价基准和期货合约市场结构，对可交易股票缺乏短周期、可量化的收入或利润传导。
主要风险
- ICE阿布扎比Murban相关合约被削弱，但相对Intercontinental Exchange整体业务体量过小，不构成强做空催化。
原文全文
展开原文 · 903 字
Abu Dhabi National Oil Co., the UAE’s state oil company, said it would change how it prices its crude oil grades, months after wild swings in the benchmark it has been using to underpin its sales.
From Nov. 1, all Adnoc onshore and offshore crudes will price using the regional Platts Dubai benchmark, rather than ICE Futures Abu Dhabi contract that started in 2021. Bloomberg reported earlier this month that Adnoc had talked about making the switch for offshore grades, but Friday’s statement goes further than that.
“The new pricing mechanism reinforces Adnoc’s commitment to pricing transparency for its growing customer and investor base,” the company said in a statement.
ICE said it would suspend all Murban futures contracts with no open interest immediately. It said that contracts with open interest would cease trading either when they expire or when they no longer have any open interest.
From Nov. 1, all Adnoc onshore and offshore crudes will price using the regional Platts Dubai benchmark, rather than ICE Futures Abu Dhabi contract that started in 2021. Bloomberg reported earlier this month that Adnoc had talked about making the switch for offshore grades, but Friday’s statement goes further than that.
“The new pricing mechanism reinforces Adnoc’s commitment to pricing transparency for its growing customer and investor base,” the company said in a statement.
ICE said it would suspend all Murban futures contracts with no open interest immediately. It said that contracts with open interest would cease trading either when they expire or when they no longer have any open interest.
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