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UAE’s ADNOC to cut July crude nominations after OPEC+ pact -source

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.

Nominations for all crude grades – Murban, Upper Zakum, Das and Umm Lulu – will be cut by 5% each, the source said.
Source: Reuters (Reporting By Rania Elgamal Editing by Chizu Nomiyama)

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