Abu Dhabi National Oil Co (ADNOC), the main exporter for OPEC member, UAE, will supply Murban crude at five per cent below contracted volumes.
Murban is the main export grade for UAE, with ADNOC producing most of its crude.
Allocations
Allocations for Umm Shaif and Lower Zakum will also be supplied with a five per cent cut, while Upper Zakum will be supplied with a seven per cent cut, ADNOC said in a statement.
The UAE often changes supply levels of its different export grades but these changes do not necessarily reflect a change in production.
