Bloomberg News

Rosneft Said to Sell 100,000 Tons of Sokol Crude to Vitol

January 16, 2012

Jan. 17 (Bloomberg) -- Rosneft Oil Co. 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:

Company News: Rosneft ROSN RU <Equity> CN <GO> Vitol Group 62647Z LN <Equity> CN <GO>

--Editor: Mike Anderson.

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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