VOL. XXXIV
NO. 18
4 FEBRUARY 1991
Oil Prices
Nigeria Lowers Price Formulas for February
Nigeria's NNPC has decreased the price formulas for term customers in themonth of February by around 10-20 cents/B. Bonny Light, Brass River, Qua Iboeand Pennington are put at Dated Brent plus 45 cents/B, (down 20 cents fromJanuary), Escravos at Dated Brent plus 40 cents (down 20 cents) and Forcados atDated Brent plus 10 cents/B (down 10 cents). Nigeria's heavier Bonny Mediumremained the same at Dated Brent...
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