ONGC sells Nov Sokol crude at highest premium in 2017

The 700,000-barrel cargo was sold to Vitol at a premium of $4.50 a barrel above Dubai quotes.

ONGC sells Nov Sokol crude at highest premium in 2017

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 November 18 to 24.

 

Zee News App: Read latest news of India and world, bollywood news, business updates, cricket scores, etc. Download the Zee news app now to keep up with daily breaking news and live news event coverage.