Major oil companies agree to become partners in new ADNOC exchange -ICE official

ABU DHABI, Nov 11 (Reuters) - Major companies including BP, Total, Inpex, Vitol and Shell have agreed to become partners in a new ADNOC Murban crude exchange, an official from Intercontinental Exchange Inc. (ICE) said on Monday.

PetroChina, Korea’s GS Caltex and Japan’s JXTG have also agreed, the official added. (Reporting by Rania El Gamal; editing by Jason Neely)


Reuters Breakingviews is the world's leading source of agenda-setting financial insight. As the Reuters brand for financial commentary, we dissect the big business and economic stories as they break around the world every day. A global team of about 30 correspondents in New York, London, Hong Kong and other major cities provides expert analysis in real time.

Sign up for a free trial of our full service at and follow us on Twitter @Breakingviews and at All opinions expressed are those of the authors.