FOX LIVE NEWS UPDATE
Russian crude premiums hold steady, supported by wide Brent-Dubai spread
April 26 (Reuters) –
* Spot premiums for June-loading Russian crude sold in Asia are holding steady at high levels, supported by firm demand for Dubai-linked grades, trade sources said on Thursday
* ONGC ONGC.NS sold 700,000 barrels of Sokol crude loading on June 29-July 5 at a premium close to $5.80 a barrel to BP BP.L , traders said
* Surgutneftegaz SNGS.MM has sold three ESPO cargoes loading on June 6-10, 10-14 and 15-19 at $3.45-$3.55 a barrel above Dubai quotes, they said
* CNOOC 0883.HK bought one of the cargoes at a premium of about $3.50, one of the traders said
* Brent’s premium to Dubai crude DUB-EFS-1M touched the widest since January 2016 this week, lifting demand for Middle East and Russian grades priced on Dubai
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