ADNOC cuts oil crude supplies in November

Abu Dhabi – Mubasher: Abu Dhabi National Oil Company (ADNOC) announced its Asian customers that it will reduce Murban crude oil production by 15% in November, in line with OPEC production cuts, according to CNBC Arabia.

Moreover, DAS crude and Upper ZAKUM crude production will be cut by 10% and 5%, respectively, the company added.

OPEC and other countries had agreed on production cuts by 1.8 million barrels per day in Vienna last year.

Mubasher Contribution Time: 20-Sep-2017 14:05 (GMT)
Mubasher Last Update Time: 20-Sep-2017 14:05 (GMT)