International crude:Waiting for Kirkuk results

摘要

Iraq's tender to sell 5-mil bbl of Kirkuk closed Monday 5 pm GMT.The nature of the bids into the tender did not surface by London close,but participation in the tender continued to depend on vessel availabilities.There were very few vessels available to lift crude in the May 27-31 window.Meanwhile,the pipeline connecting Ceyhan with Iraq's northern oil fields resumed pumping Sunday morning at just under 400,000 b/d.By Monday morning there were just over 6-mil bbl in storage at Ceyhan,sources said.