UAE's ADNOC to cut July crude nominations after OPEC+ pact -source
- Country:
- United Arab Emirates
State-run Abu Dhabi National Oil Company (ADNOC) has informed its customers of a cut in its crude oil nominations for July in line with a decision by OPEC+ last month to reduce oil supplies, a source familiar with the matter told Reuters on Thursday.
Nominations for all crude grades - Murban, Upper Zakum, Das and Umm Lulu - will be cut by 5% each, the source said. (Reporting By Rania Elgamal Editing by Chizu Nomiyama)
(This story has not been edited by Devdiscourse staff and is auto-generated from a syndicated feed.)
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- Abu Dhabi National Oil Company
- OPEC+
- Chizu Nomiyama
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