VOL. XXXIV

NO. 52

30 SEPTEMBER 1991

Oil Prices

Nigerian Price Formulas for October

The Nigerian National Petroleum Corporation (NNPC) has raised the Octoberprice of its gasoil-rich Forcados crude for term customers by 10 cents/B toDated Brent plus 25 cents/B from plus 15 cents/B in September. The price of theheavier Bonny Medium was also raised in October by 20 cents/B to parity withDated Brent, compared to minus 20 cents/B in September. The October prices ofNigeria's remaining five crudes are...