January 13, 2020 / 4:30 AM / 13 days ago

ONGC sells Feb-March Russian Sokol crude at lower premium-sources

SINGAPORE, Jan 13 (Reuters) -

* Indian oil explorer ONGC Videsh has sold one cargo of Russian Sokol crude SOK-DUB loading Feb. 27-March 4 at a premium of around $8.20 a barrel to Dubai quotes, lower than the spot premium seen last month, three traders said on Monday

* The buyer of the cargo was likely trading house Vitol

* In December, ONGC sold one cargo of Russian Sokol crude loading Jan. 31-Feb. 6 at a premium of around $$8.80-$8.90 a barrel to Dubai quotes (Reporting By Shu Zhang)

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