The oil producer cited the operational tolerance clause which can adjust loading volumes by typically plus or minus 5% for logistical reasons, the people said.
ADNOC exports the bulk of its crude to Asia and its grades include Murban, Umm Lulu, Das and Upper Zakum. The cut comes as the Organization of the Petroleum Exporting Countries and their allies, a group known as OPEC+, started to trim output by 2 million barrels per day from November, aiming to shore up oil prices.
"The output cut has to be reflected in the market. And it makes sense that oil producers want to hold off selling at such oil prices," a Singapore-based trader said.Spot premiums of Middle Eastern crude, Oman, Dubai and Murban, slid this month as market sentiment soured amid oversupply fears.Reporting by Muyu Xu; Editing by Kirsten Donovan
27 اگست 2018 - محمد قاسم نے دیکھا کہ پاکستان کے عوام جب PTI حکومت کی ناکامی کے الزامات کرے گی تو ثبوتوں کے باوجود حکومت ان تمام الزامات کو مسترد کردے گی اور یہ کہتی رہے گی کہ ہم محنت کر رہے ہیں اور بہت کچھ حاصل کیا جارہا ہے۔ PMIK In Qasim Dreams
This is important! Muhammad Qasim has seen many dreams about the future of humanity and mankind, his dreams have exact details of what events will happen and many have already come true. I am convinved he is the Imam Al-Mahdi and so are many others.
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