UAE’s Adnoc Hires Oil Veteran to Lead Trading Unit’s Expansion

Adnoc, the state oil giant from the UAE, has enlisted experienced commodities expert Benoit Roulon to spearhead the expansion of its trading division. This move is part of Adnoc's broader strategy to grow its operations after leaving OPEC last month. Roulon's extensive background in the oil market is expected to bolster Adnoc's trading capabilities and enhance its competitive edge in the global energy sector. This strategic hire underscores Adnoc's commitment to maintaining its influence in the global oil market despite its exit from OPEC.