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Bloomberg Introduces New Murban Crude Oil Index

Bloomberg has unveiled a new Bloomberg Commodity Murban Crude Oil Index, designed to monitor the performance of rolling futures on Murban Crude Oil. This fresh addition serves as a subindex of the flagship Bloomberg Commodity Index (BCOM) and underscores the rapid global recognition and significance that Murban crude and its futures contract have gained, trading alongside renowned benchmarks like Brent and WTI.