Vietnam’s Ruby crude is said to have sold at the highest premium in three months.

PV Oil Co., the state-run oil-marketing company, sold two 300,000 barrel cargoes of Ruby at $2 to $3 a barrel above benchmark Minas crude, said three traders who participate in the market, declining to be identified because they are not authorized to speak to the media.

It was the highest premium since April, when PV Oil sold a shipment for about $2.50 above Minas. A Ruby cargo for August sold last month at premiums as low as 70 cents a barrel.
 

Bloomberg.com