UAE's ADNOC to cut Jan crude nominations following OPEC pullback

10 Dec, 2018

Nominations for Murban crude grade will be cut by 15 percent, while both Das and Upper Zakum grades will be cut by 5 percent each, the source said.

OPEC and its Russia-led allies agreed on Friday to slash oil production by more than the market had expected despite pressure from US President Donald Trump to reduce the price of crude.

 

Copyright Reuters, 2018
 

 

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