Murban crude oil, the benchmark grade produced by Abu Dhabi National Oil Company, has come forward in recent years as a worldwide oil benchmark for trading and hedging.

The UAE's Murban oil is currently trading at 103.2 dollars per barrel, produced from a group of fields in the Emirates at a volume of 1.6 to 2 million barrels per day.

The main customers for this oil include China, Japan, South Korea, India, Thailand, and Singapore, with a small amount also reaching the European market.

The significance of UAE's Murban oil lies in its ongoing transformation into a new Asian oil benchmark.

Meanwhile, related commodities include WTI, Brent, Murban Crude, Natural Gas, Gasoline, and WTI Midland.