• ONGC sells March-loading Russian Sokol crude at higher premium

    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.

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