June 28, 2020 / 3:33 PM / 7 days ago

UAE's ADNOC to cut August crude nominations by 5% - source

A general view of ADNOC headquarters in Abu Dhabi, United Arab Emirates May 29, 2019. REUTERS/Christopher Pike/Files

DUBAI (Reuters) - State-run Abu Dhabi National Oil Company (ADNOC) will cut its crude oil nominations to its customers for August, a source familiar with the matter told Reuters on Sunday, in line with OPEC+ pact to reduce oil supplies.

Nominations for all crude grades - Murban, Upper Zakum, Das and Umm Lulu - will be cut by 5% each, the source said.

Reporting by Rania El Gamal; Editing by Alison Williams

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