Dubai — 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.
- Reuters