VOL. XLII
No. 34
23-August-1999
NIGERIA
Nigeria Raises September Price Formulas
Nigeria has increased its September price formulas by 5-20cents/B. Bonny Light, Qua Iboe, Brass River and Escravos were raised by 18cents/B. Pennington was marked up by 11 cents/B, while Forcados was increasedby 8 cents/B, Odudu by 5 cents/B and Bonny Medium by 20 cents/B. The followingtable shows the adjustment factors for Nigerian crude oils in relation to DatedBrent during 1999 ($/B):
1999 | |||||||||
Jan | Feb | Mar | ... |
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