Adnoc cuts supply

[Kristy]

Abu Dhabi National Oil Co (Adnoc) has notified its term customers that it will cut its contracted volumes for Upper Zakum crude oil in November and December by 5%, Reuters has reported. Adnoc will also reduce allocations for the distillate-rich Murban crude by 15% in December, and it will lower supply for Lower Zakum by 10% for the same month. Adnoc will also cut supplies of Umm Shaif in December by 5%. November allocations of all crudes except Upper Zakum will be unchanged.

More... (http://www.ameinfo.com/173586.html)