ONGC sells January Russian Sokol crude at high premium-sources By Reuters


© Reuters. ONGC sells January Russian Sokol crude at high premium-sources

SINGAPORE, Nov 8 (Reuters) –

* Indian oil explorer ONGC Videsh ONVI.NS sold one cargo of January-loading Russian Sokol crude at a premium of around $9.25 a barrel to Dubai quotes, hovering around its highest level since September 2013, two traders said on Friday SOK-DUB

* The buyer of the cargo was likely trading house Glencore

* ONGC offered the 700,000-barrel cargo to load over Jan. 4-10

* Prior to this, ONGC sold one cargo of December-loading Russian Sokol crude at a premium of around $9.20-9.25 a barrel to Dubai quotes

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