SINGAPORE (Bloomberg) -- Abu Dhabi National Oil Co. will cut its contracted volumes of crude oil supply by 19 percent in August for all four export grades, the United Arab Emirates state-owned company said.

The cut is more than last month, when Adnoc, as the company is known, reduced July crude supply of Murban, Lower Zakum, Umm Shaif and Upper Zakum by 18 percent.
The cuts are “in accordance with OPEC decision to reduce production,” Adnoc said in a faxed statement on Monday.
The U.A.E. is the fourth-largest Organization of Petroleum Exporting Countries producer by output, pumping 2.2 million barrels a day in May, according to a recent Bloomberg survey.