Saturday, 19 September 2020 | 19:57
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ONGC sells March-loading Russian Sokol crude at higher premium-sources

Friday, 17 January 2020 | 00:00

Indian oil explorer ONGC Videsh has sold one cargo of Russian Sokol crude loading March 12-18 at a premium of around $8.40 a barrel to Dubai quotes, higher than the spot premium seen earlier this month, three traders said on Thursday.

The cargo was likely sold to a Korean buyer, two of the sources said.

ONGC sold one cargo of Russian Sokol crude loading Feb. 27-March 4 at a premium of around $8.20 a barrel to Dubai quotes, likely to trading house Vitol.
Source: Reuters (Reporting By Shu Zhang; Editing by Kim Coghill)

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