Asian oil refiners are switching from Abu Dhabi's Murban crude as other grades become cheaper, Bloomberg reports citing sources

The shift by Asian oil refiners away from Abu Dhabi's Murban crude indicates a potential change in the dynamics of oil pricing and supply.

Newsquawk StaffPublished 19 Jan 2026, 09:11 UTCOn the live feed at 08:51 UTC — 5 more headlines followed before this page went public

Newsquawk headlinesUTC

09:00

[MARKET ANALYSIS] Geopolitical tensions between the US and Europe weigh on stocks; autos lead losses

08:59

ECB Kazaks says market pricing for future rates are broadly reasonable and that current positioning is appropriate and no immediate adjustment is needed

08:51

Asian oil refiners are switching from Abu Dhabi's Murban crude as other grades become cheaper, Bloomberg reports citing sources

08:39

Iranian National Security Committee chair says there's no current negotiations with the US

08:27

The US and Japan have reportedly shortlisted the first projects as potential candidates for the investment plan, Reuters reports citing sources. SoftBank Group (9984 JT) is mentioned in one project.

Open the platform and use it. The whole workspace is free to try, with no signup and no card. When you want the headlines arriving live instead of on a delay, Newsquawk Pro is £24.99 for 7 days.

Try the platform free

Free. No signup, no card.

Context

As other grades become cheaper, this trend could pressure Murban prices downward and influence broader market sentiment, particularly for WTI and Brent benchmarks. Watch for how this may impact OPEC's strategies and overall geopolitical stability in the region.

Energy · last 90 days

Recent headlines that moved markets

ENERGY/8 Sept · 19:50 UTC

Iran launched an attack against US Navy ships on Monday that the US military has yet to acknowledge, WSJ reports, citing US officials.

Brent crude, after we published+0.8%

Immediate upside seen in oil following these reports.

ENERGY/8 Sept · 05:23 UTC

Saudi Energy Minister says a number of energy facilities and utilities were hit; are temporarily halting some operations.

Brent Nov'26, after we published+1.0%

ENERGY/3 Sept · 08:03 UTC

Russian President Putin says that Russia and Ukraine should agree first; he notes that there is an opportunity to reach a peace agreement.

with Brent Nov, after we published−1.3%

ENERGY/1 Sept · 16:17 UTC

Initial reports of an American attack on Iran, reports i24's Stein.

- Brent (V6), after we published+1.2%

ENERGY/27 Aug · 17:46 UTC

The Trump administration has repeatedly told mediators it has no interest in going back to the terms of the MoU it reached with Iran in June, reports WSJ citing sources

Brent crude, after we published+1.4%

ENERGY/25 Aug · 19:26 UTC

A ceasefire between the US and Iran has been agreed upon, it includes free navigation in the Strait of Hormuz and will be announced in the coming days, reports Ria citing Pakistani and Iranian sources

Brent crude, after we published−2.4%

Newsquawk Daily

Get both market opens in your inbox.

This note and the other one — the EU open and the US open, every business day, written by the desk. No account needed.

Related headlines

The whole workspace, free to try.

© 2026 Newsquawk. All rights reserved.