• ONGC sells January Russian Sokol crude at high premium

    Indian oil explorer ONGC Videsh sold one cargo of January-loading Russian Sokol crude at a premium of around $9.25 a barrel to Dubai quotes, hovering around its highest level since September 2013, two traders said on Friday

    * The buyer of the cargo was likely trading house Glencore

    * ONGC offered the 700,000-barrel cargo to load over Jan. 4-10

    * Prior to this, ONGC sold one cargo of December-loading Russian Sokol crude at a premium of around $9.20-9.25 a barrel to Dubai quotes

    Share This
    Facebooktwittergoogle_pluslinkedinyoutube