SINGAPORE: Abu Dhabi National Oil Company (ADNOC) plans to maintain its allocation cuts for all grades of crude it sells to term customers at 5% in November, a source with knowledge of the matter said on Monday.

The producer started increasing crude supplies to term customers from October when it eased allocation cuts to 5% versus a 15% cut in September. 

 

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