SINGAPORE: Abu Dhabi National Oil Company (ADNOC) will supply full volumes of all crude grades to term customers in Asia in February for a third straight month, two sources with knowledge of the matter said on Tuesday.
This comes ahead of the meeting between the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, on Thursday to discuss output policy for 2022.
The United Arab Emirates producer has restored full supplies to Asia since December after OPEC+ agreed to raise output by 400,000 barrels per day a month from August.
ADNOC exports the bulk of its crude to Asia and its grades include Murban, Umm Lulu, Das and Upper Zakum.
(Reporting by Florence Tan; Editing by Kim Coghill) ((Florence.Tan@thomsonreuters.com; Reuters Messaging: firstname.lastname@example.org))