Rosneft Said to Sell 100,000 Tons of Sokol Crude to Vitol
By Ramsey Al-Rikabi & Christian Schmollinger -
2012-01-17T02:57:04Z
Rosneft Oil Co. (ROSN) sold Russia’s Sokol crude for loading in March to Vitol Group at a premium to the Dubai benchmark of about $9 a barrel, according to four traders who participate in the market. They declined to be identified because the information is confidential.
Details of the sale are as follows:
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Crude: Sokol (Russia)
Buyer: Vitol
Quantity: 100,000 tons, or 730,000 barrels
Loading: March 17-26
Port: DeKastri Terminal, Russia’s Far East
Price: About $9 a barrel premium to Dubai crude price
published by pricing service Platts.
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To contact the reporters on this story: Ramsey Al-Rikabi in Singapore at ralrikabi@bloomberg.net; Christian Schmollinger in Singapore at christian.s@bloomberg.net
To contact the editor responsible for this story: Alexander Kwiatkowski at akwiatkowsk2@bloomberg.net
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