04:31 AM EDT, 08/19/2026 (MT Newswires) -- Abu Dhabi National Oil Co., or Adnoc, is set to cut crude supplies to Asian buyers by 5% in August and September, Bloomberg News reported Wednesday, citing people familiar with the matter. The people said that the cut only applies to spot market cargoes purchased over-the-counter, while a separate source said it is due to scheduled maintenance at Abu Dhabi's onshore oil fields. The Abu Dhabi state-owned oil group said it does not comment on commercial matters in response to a request for comment from MT Newswires. (Market Chatter news is derived from conversations with market professionals globally. This information is believed to be from reliable sources but may include rumor and speculation. Accuracy is not guaranteed.)

Disclaimer:This article represents the opinion of the author only. It does not represent the opinion of Webull, nor should it be viewed as an indication that Webull either agrees with or confirms the truthfulness or accuracy of the information. It should not be considered as investment advice from Webull or anyone else, nor should it be used as the basis of any investment decision.