UAE's ADNOC to make deep crude oil term supply cut in September for some Asian buyers: Sources

Abu Dhabi National Oil Company (ADNOC) will reduce the volume of crude oil it supplies to Asian term buyers by 15% in September, according to four sources with direct knowledge of the matter.

The cut was much deeper compared with a reduction of 5% in term volume allocation for cargoes loading in August, three of the sources said.

Reuters could not immediately reach ADNOC for comment.