Business Recorder - Markets - Energy https://www.brecorder.com/ Business Recorder en-Us Copyright 2026 Thu, 13 Aug 2026 18:51:17 +0500 Thu, 13 Aug 2026 18:51:17 +0500 60 Rosneft sells May Sokol at highest in over 2 yrs https://www.brecorder.com/news/6456/rosneft-sells-may-sokol-at-highest-in-over-2-yrs <p class="MsoPlainText"><img style="margin-right: 10px; margin-bottom: 10px; float: left;" src="https://i.brecorder.com/images/stories/pics2011/mar/rosneft-400.jpg" width="400" height="288" />SINGAPORE: Top Russian oil producer Rosneft sold via tender a cargo of light sweet Sokol crude for loading in May at the highest premium in more than two years on strong distillate margins, traders said on Thursday.</p> <p class="MsoPlainText">The 700,000-barrel cargo was sold to US oil company Chevron at $9.70 a barrel above Dubai quotes, traders said.</p> <p class="MsoPlainText">Rosneft also awarded in the same tender a second Sokol cargo to Gunvor at a premium of $8.20 a barrel to Dubai quotes, although the deals could not be confirmed.</p> <p class="MsoPlainText">The cargoes will load on May 4-13 and May 26-June 4.</p> <p class="MsoPlainText">Last month, Rosneft sold 700,000 barrels of Sokol crude for April loading via tender at a steady premium from the previous month.</p> <p><center><b><i>Copyright Reuters, 2011</i></b><i></i><br /></center></p> SINGAPORE: Top Russian oil producer Rosneft sold via tender a cargo of light sweet Sokol crude for loading in May at the highest premium in more than two years on strong distillate margins, traders said on Thursday.

The 700,000-barrel cargo was sold to US oil company Chevron at $9.70 a barrel above Dubai quotes, traders said.

Rosneft also awarded in the same tender a second Sokol cargo to Gunvor at a premium of $8.20 a barrel to Dubai quotes, although the deals could not be confirmed.

The cargoes will load on May 4-13 and May 26-June 4.

Last month, Rosneft sold 700,000 barrels of Sokol crude for April loading via tender at a steady premium from the previous month.

Copyright Reuters, 2011

]]> Markets https://www.brecorder.com/news/6456 Thu, 10 Mar 2011 11:29:42 +0500 none@none.com (Syed Murtaza Gheblehzadeh)