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ONGC sells Nov Sokol crude at highest premium in 2017: sources

by September 22, 2017 General

SINGAPORE (Reuters) – 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.

Reporting by Florence Tan; Editing by Christian Schmollinger

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