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Exxon Trades March-April Russian Sokol Crude Cargoes

By John F. Heerdink, Jr.

Exxon Mobil (XOM) Corporation is a global oil and natural gas company.  Founded in 1870 and headquartered in Irving Texas, Exxon Mobil explores for and produces crude oil and natural gas, manufacture and markets commodity petrochemicals, and transports and sells crude oil, natural gas, and petroleum.

Reportedly, Exxon Mobil Corp has sold three of four Russian Sokol crude cargoes loading in March to early April at lower premiums via a tender. The cargoes were sold at premiums of $7.80 to $8.10 a barrel to Dubai quotes. No information on the buyer was known.

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(Read Original Story: Exxon sells March-April Russian Sokol crude cargoes at lower premiums - sources in Reuters)


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