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| 20 September, 2017

ADNOC to cut November crude oil exports to Asia -sources

Image for illustrative purpose.
Oil tankers pass the skyline of Singapore June 8, 2016.

Image for illustrative purpose. Oil tankers pass the skyline of Singapore June 8, 2016.

REUTERS/Edgar Su - RTX2FXH2
SINGAPORE- Abu Dhabi National Oil Company has informed buyers in Asia it will reduce supplies of its flagship Murban crude by 15 percent in November to comply with OPEC production cuts, trade sources said on Wednesday.

The cut for Murban supplies was slightly deeper than the 10 percent reduction in October because of oilfield maintenance, one of the sources said. br>
The producer will also cut November Das crude supplies by 10 percent and allocation of Upper Zakum crude by 5 percent, the sources said.

ADNOC could not be immediately reached for comment.



(Reporting by Florence Tan; Editing by Tom Hogue) ((Florence.Tan@thomsonreuters.com; +65 6870 3497; Reuters Messaging: florence.tan.thomsonreuters.com@reuters.net))