The Abu Dhabi National Oil Company (Adnoc) has informed its customers of reductions in crude oil supply for April, according to a media report.

The Abu Dhabi energy major has decided to cut allocation of its Murban crude grade by 25 per cent, thereby extending its March move to decrease export of the flagship product by the same amount.

Adnoc reducing oil supply to its customers is part of the UAE’s commitment to the Opec/non-Opec output reduction agreement to achieve a balanced market.