9 DECEMBER 1991
Nigeria Raises December Forcados Price
The Nigerian National Petroleum Corporation (NNPC) has raised theBrent-related price formula for its Forcados crude, rich in middle distillates,by 5 cents/B for December. The formulas for all other Nigerian crudes remain unchanged from November. The following table shows theadjustment factorsfor Nigerian crude in relation to Dated Brent for the 12 months of 1991 ($/B):
Dec Nov Oct Sept Aug Jul Jun May Apr Mar Feb...