UAE - Mubasher: Abu Dhabi National Oil Company (ADNOC) will cut its crude oil supplies for term buyers by 25% in November as part of its commitment to OPEC+ agreement to reduce oil production, Reuters reported.

ADNOC's decision will be applied to all its four ADNOC crude grades, comprising Murban, Umm Lulu, Das, and Upper Zakum.

It is noteworthy to mention that in October, ADNOC will cut its crude oil supplies for fixed-term buyers by 30%.