VOL. XXXIV
NO. 8
26 NOVEMBER 1990
Oil Prices
Nigeria Raises December Price Formula
Nigeria's NNPC has raised its December price formulas for term customers by 5cents/B against Dated Brent for all crudes, except for Forcados which remainsunchanged and Bonny Medium which is reduced 5 cents/B. The table below shows theDecember adjustment factors for Nigerian crudes in relation to Dated Brent, ascompared with November, October, and 3Q levels ($/B):
Dec Nov Oct 3Q Bonny Light (37) +0.65 +0.60 +0.50...
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