The National Food and Strategic Reserves Administration said last week that it would put crude oil reserves on the market in phases to help achieve price stability.The quantities offered in the first sale round were divided into five batches, the first being 951,137 barrels of Qatari marine crude, about 1.1 million barrels of Fortis blend crude from the North Sea, more than 1.79 million barrels of Omani crude, more than 2.95 million barrels of Murban and 592,031 barrels of Upper Zakum crude. . The last two are from Abu Dhabi.
She added that any quantities purchased in the auction are not suitable for resale.
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