A general view of ADNOC headquarters in Abu Dhabi, United Arab Emirates May 29, 2019. REUTERS/Christopher Pike/Files
DUBAI (Reuters) – State-run Abu Dhabi National Oil Company (ADNOC) will cut its crude oil nominations to its customers for August, a source familiar with the matter told Reuters on Sunday, in line with OPEC+ pact to reduce oil supplies.
Nominations for all crude grades – Murban, Upper Zakum, Das and Umm Lulu – will be cut by 5% each, the source said.
Reporting by Rania El Gamal; Editing by Alison Williams
Read More: UAE’s ADNOC to cut August crude nominations by 5% – source