VOL. XXXIV

NO. 39

1 JULY 1991

Oil Prices

Nigerian Price Formulas for July

Nigeria's NNPC has kept its light crude July price formulas for termcustomers unchanged, while increasing the prices for heavier crudes. BonnyLight, Brass River, Qua Iboe and Pennington remain at Dated Brent plus 30cents/B and Escravos at Dated Brent plus 25 cents/B. The heavier crude Forcadoswas increased 20 cents/B to Dated Brent minus 35 cents/B, and Bonny Medium wasincreased 10 cents/B to Dated Brent minus 75 cents/B....