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ONGC sells Dec Russian Sokol crude at highest premium since January 2020

ONGC sells Dec Russian Sokol crude at highest premium since January 2020

The 700,000-barrel cargo was sold to European trader Mercuria at $5.30 a barrel above Dubai quotes, trade sources said on Wednesday.

 Indian explorer ONGC Videsh has sold a cargo of Russian Sokol crude loading in December at the highest premium. Indian explorer ONGC Videsh has sold a cargo of Russian Sokol crude loading in December at the highest premium.


Indian explorer ONGC Videsh has sold a cargo of Russian Sokol crude loading in December at the highest premium since January 2020, trade sources said on Wednesday.

The 700,000-barrel cargo was sold to European trader Mercuria at $5.30 a barrel above Dubai quotes, they said.

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