ONGC sells Nov Sokol crude at highest premium in 2017: sources
The 700,000-barrel cargo was sold to Vitol at a premium of USD 4.50 a barrel above Dubai quotes.
By : DC Correspondent
Update: 2017-09-22 05:36 GMT
Singapore: India’s ONGC Videsh has sold a cargo of Russian Sokol crude loading in November at its highest premium in 2017 on robust demand in Asia, two trade sources said on Friday.
The 700,000-barrel cargo was sold to Vitol at a premium of $4.50 a barrel above Dubai quotes, they said.
The cargo will load on Nov. 18 to 24.