ADNOC Eyes U.S. Trading Expansion in Strategic Global Push

Abu Dhabi National Oil Company (ADNOC) is poised to establish a trading desk in the United States, marking a significant step in its strategic global expansion. Sources with knowledge of the plan revealed to Reuters that the UAE-backed oil and gas giant is actively seeking senior energy traders to spearhead this initiative. The move aligns with ADNOC's broader objective to diversify revenue streams beyond its traditional base in the Gulf. Since 2018, ADNOC has been ramping up its trading operations, and this latest endeavor is a continuation of…