The Abu Dhabi National Oil Company (ADNOC) today announced a reduction in shipments of crude oil for the month of June by five per cent on Murban, Lower Zakum, Umm Shaif and Upper Zakum that are exported from Abu Dhabi.

The reduction decision comes in line with the UAE’s commitment with the decisions of "OPEC" determining the levels of production in the Member States within the overall output level set by the organization in its ministerial conferences.

It is noteworthy that the reduction in shipments for the month of June came unified and equally for all types and the lower for the reductions made during the previous months in reference to an improvement in global demand for oil.

 

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