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Saturday، September 19, 2026NEWS ACROSS THE MIDDLE EAST & NORTH AFRICA
Sala News

Energy

Oil, gas, renewables and the transition across producers and importers.

Trader monitors with crude price charts on a dealing desk

Brent, Murban, OSPs: how Middle East oil is actually priced

Two-thirds of the world's physical crude trades against Brent; the Gulf's own benchmark, Murban, has traded in Abu Dhabi since 2021; and Saudi Aramco's monthly official selling prices set the region's real reference. A decoder.

Oil ministry building facade with member-country flags

What is OPEC+ and how does it set oil prices? Explained

A coalition of the OPEC cartel plus ten non-OPEC producers led by Russia that manages output through production targets. Its decisions, taken at meetings in Vienna, set the supply side of the world oil price.