ONGC sells March-loading Russian Sokol crude at lower premium
Indian explorer ONGC Videsh has sold a cargo of Russian Sokol crude , loading over March 14-20, at a lower premium via its second spot tender this month, trade sources said on Thursday
The producer sold the 700,000-barrel cargo at about $1.20 a barrel above Dubai quotes to Korea’s SK Energy, the sources said
Via its first spot tender earlier this month, ONGC sold a Sokol cargo, loading over March 1-7, at about $1.30 a barrel above Dubai to Gunvor
The deals could not be independently verified as companies do not typically comment on such commercial matters.
