ONGC sells March-loading Russian Sokol crude at higher premium

• Posted in OilGas
• on January 16, 2020
• No Comments.

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.

Share This