Refiners and buyers of Middle Eastern sour crudes in Asia have been largely unfazed by the OPEC-led supply cut announced in Vienna last week, market sources said on Wednesday.OPEC will cut 800,000 b/d of combined crude oil production from October levels, with Russia and other producers also cutting 400,000 b/d for a combined reduction of 1.2 million b/d. Production by several Middle Eastern producers including Saudi Arabia and the UAE was at an all-time high in October, Platts data showed. OPEC in total produced 33.04 million b/d, an increase of 310,000 b/d from its original allocation under the 2016 agreement. The group’s production rose even higher to 33.08 million b/d in November, up 40,000 b/d from October, the latest Platts OPEC production survey earlier this month showed. Following the Vienna meeting, UAE’s ADNOC announced […]