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Vietnam’s PV Oil Said to Sell Rang Dong Oil Cargoes for June

PV Oil Co. sold two cargoes of Rang Dong crude for loading in June, said two traders who participate in the market. They asked not to be identified, citing company policy.

Details are as follows:

Crude:      Rang Dong (Vietnam)
Quantity:   2 x 200,000 barrels
Prices:     Premium of about 50 cents a barrel to APPI/Platts
            Minas for cargo loading June 1-7
            Premium of about $3 a barrel for cargo loading
            June 22-28
Buyers:     Not disclosed.

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