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.