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  Business   Companies  22 Sep 2017  ONGC sells Nov Sokol crude at highest premium in 2017: sources

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

REUTERS
Published : Sep 22, 2017, 11:12 am IST
Updated : Sep 22, 2017, 11:12 am IST

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

ONGC Videsh has sold a cargo of Russian Sokol crude loading in November at its highest premium in 2017.
 ONGC Videsh has sold a cargo of Russian Sokol crude loading in November at its 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 Nov. 18 to 24.

Tags: oil and natural gas corp (ongc), ongc videsh ltd
Location: India, Maharashtra, Mumbai (Bombay)