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Back in 2016, Murban crude was introduced into the Dubai basket, along with Al-Shaheen, as a response to a lack of supply and price volatility caused by limited physical crude availability for the benchmark. Murban comes from the Murban oil field in Abu Dhabi--one of the seven emirates that form the United Arab Emirates--and is produced by the Abu Dhabi National Oil Company (ADNOC). It’s a light sweet crude with a sulphur content of 0.78% and an API gravity of 39.9 degrees. The move to include it in the b ...