VOL. XXXIII
NO. 27
9-APRIL-1990
Oil Prices
Nigeria 2Q Prices
Nigeria's NNPC has raised its second-quarter term contract price formulas forlight crudes by 5 cents/B, while reducing the heavier grades by 15-25 cents/B.The following table shows the 2Q adjustment factors for the various Nigeriancrudes in relation to the dated Brent spot price yardstick, as compared with 1Q($/B):
2Q 1Q Change Brass River (41) +0.20 +0.15 +0.05 Bonny Light (37) +0.20 +0.15 +0.05 Qua Iboe (37) +0.20 +0.15 +0.05...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!