Adnoc doesn't confirm output reduction

Abu Dhabi - Mubasher: The Abu Dhabi National Oil Company (Adnoc) has not yet announced any reduction in its crude oil exports in August, an informed source told Reuters.

The UAE-based energy giant had cut its output earlier in 2018.

In June, the Organisation of the Petroleum Exporting Countries (OPEC) agreed to increase oil production to account for some shortfalls caused by the problematic situations affect both the Venezuelan and Iranian production.

Mubasher Contribution Time: 03-Jul-2018 08:56 (GMT)
Mubasher Last Update Time: 03-Jul-2018 09:01 (GMT)