VOL. XXXIV

NO. 31

6 MAY 1991

Oil Prices

Little Change in Nigerian Price Formulas for May

Nigeria's NNPC has kept its May crude price formulas for term customersmainly unchanged, the only adjustments being decreases of 15 cents/B forForcados and Bonny Medium. Bonny Light, Brass River, Qua Iboe and Penningtonremain at Dated Brent plus 30 cents/B and Escravos at Dated Brent plus 25cents/B, while Forcados and Bonny Medium are reduced by 15 cents/B each tobecome Dated Brent minus 55 cents/B and minus...