# Adnoc to Base Crude Oil Prices on Platts Dubai Benchmark - WSJ

> ADNOC said it will base its official selling prices for crude on the prompt-month Platts Dubai benchmark starting November 1, adding a differential announced in advance. The change alters how Gulf crude pricing is set.

- Date: 2026-07-31 · published 2026-07-31T12:00:00.000Z
- Category: policy · region Global · magnitude low
- Page: https://feedsoft.ai/events/18525-adnoc-to-base-crude-oil-prices-on-platts-dubai-benchmark-wsj
- Commodities: [Crude Oil (Brent)](https://feedsoft.ai/c/BRENT.md)

## Why it matters

A shift in Gulf crude pricing benchmarks affects regional oil cost structures but has limited direct effect on grain, oilseed or feed prices.

## Read by commodity

- BRENT: neutral

## Similar past events

| Commodity | Date | Event | 5-day % | 20-day % |
| --- | --- | --- | --- | --- |
| BRENT | 2017-02-13 | [How to Raise Oil Prices Without Really Cutting - Bloomberg](https://feedsoft.ai/events/72409-how-to-raise-oil-prices-without-really-cutting-bloomberg.md) | -1.4% | -8.8% |
| BRENT | 2021-12-02 | [Oil prices: OPEC and Russia stick with plans to increase oil output in January \| CNN Business](https://feedsoft.ai/events/43502-oil-prices-opec-and-russia-stick-with-plans-to-increase-oil-output-in-january.md) | +9.7% | +14.1% |
| BRENT | 2022-08-01 | [Oil output to see small hike to ease energy prices](https://feedsoft.ai/events/39952-oil-output-to-see-small-hike-to-ease-energy-prices.md) | -11.9% | -8.8% |
| BRENT | 2016-11-22 | [Oil prices ease off three-week high on worries over OPEC output cut](https://feedsoft.ai/events/74007-oil-prices-ease-off-three-week-high-on-worries-over-opec-output-cut.md) | +0.1% | +14.4% |
| BRENT | 2021-08-27 | [OPEC stays the course on output hikes as oil prices rebound](https://feedsoft.ai/events/45475-opec-stays-the-course-on-output-hikes-as-oil-prices-rebound.md) | +3.6% | +8.6% |

## Sources

- wsj.com: https://www.wsj.com/business/energy-oil/u-a-e-changes-how-it-prices-its-crude-oil-grades-1e01df9e

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Data from Feedsoft AI (https://feedsoft.ai/). For information only; not investment advice.