UAE's ADNOC says cuts Feb crude oil allocations

ADNOC said crude oil nominations were cut by 20% for Murban grade, 20% for Das and 10% for Upper Zakum

DUBAI - State-owned Abu Dhabi National Oil Co (ADNOC) said on Tuesday it had reduced its crude oil allocations to customers for February as part of its commitment to an OPEC-led supply cut pact.

ADNOC said crude oil nominations were cut by 20 percent for Murban grade, 20 percent for Das and 10 percent for Upper Zakum.

"This reflects the UAE's continued adherence to its OPEC commitment, a small increase in ADNOC Refining intake, and planned onshore maintenance in February," it said in a statement. (Reporting by Rania El Gamal, Writing by Katie Paul; editing by John Stonestreet)

Zawya