Adnoc to cut July Murban crude supply by 10 pct

Abu Dhabi National Oil Co (Adnoc), the main exporter for Opec member United Arab Emirates, will supply Murban crude at 10 per cent below contracted volumes in July, versus a 5 percent cut in the previous month, the state oil firm said on Thursday.

Murban is the main export grade for the UAE, the world's third-largest crude oil exporter. Adnoc produces most of the UAE's crude.

Allocations for Lower Zakum, Umm Shaif and Upper Zakum will be supplied at contracted volumes, an Adnoc official said, versus a 5 per cent cut in June.

The United Arab Emirates often changes supply levels to customers of its different export grades, although these changes do not necessarily reflect a change in production.