UAE shifts oil pricing to the Dubai benchmark to support non-Hormuz routes. WTI reaching $130 in July at 0.7% YES.

UAE shifts oil pricing to the Dubai benchmark to support non-Hormuz routes. WTI reaching $130 in July at 0.7% YES.

Adnoc shifts offshore crude pricing to the Dubai benchmark amid Strait tensions. WTI reaching $110 in July 2026 at 1.7% YES.

UAE oil production reaches a record 4.1M bpd in June. WTI hitting $130 in July 2026 at 0.5% YES.