VOL. XXXV

NO. 23

9 MARCH 1992

Oil Prices

Nigerian Price Formulas for March

The Nigerian National Petroleum Corporation (NNPC) has increased the priceformulas for its light crudes in March by 5 cents/B, with Bonny Light, BrassRiver, Qua Iboe and Pennington at Dated Brent plus 35 cents/B, and Escravos atDated Brent plus 30 cents/B. On the other hand, NNPC lowered the price formulasfor its heavier crudes by 5 cents/B, with Forcados at Dated Brent minus 30cents/B and Bonny Medium at Dated Brent minus...