ADNOC to trim oil output
Abu Dhabi Abu Dhabi ADNOC
ADNOC is set to reduce output by 15% for the Murban grade of crude, 10% for Das and 5% for Upper Zakum.
“The reduction approved by ADNOC comes in line with the UAE’s commitment to the OPEC decision,” Al Mazrouei said.
OPEC agreed to extend the global production cut agreement reached last year by a further 9 months in May.
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