ADNOC allocates full July term supplies to some Asian buyers: sources
Abu Dhabi National Oil Co., or ADNOC, has allocated full term volumes to a few buyers in India and China for July-loading crude, according to market participants surveyed by S&P Global Commodity Insights May 4. Allocations to other refiners in Asia could not be immediately confirmed. ADNOC could not be reached for a comment by S&P Global. Full term allocations…