Abu Dhabi National Oil Company (ADNOC) will cut crude oil allocations in July as a part of the OPEC agreement to slow production, Reuters reported.
The company plans to reduce supplies from the Murban oil field by 10%, and from the Das and Upper Zakum fields by 5%.
In January, ADNOC announced a 25% supply cut of Murban crude from March of this year, Arab News previously reported.
OPEC and non-OPEC nations agreed to maintain supply cuts until the end of 2018 to stem the global supply glut and support prices. Â The UAE agreed to reduce its crude output by 139,000 barrels per day.