VOL. XLII
No 42
18-October-1999
OPEC
Nigeria Raises November Price Formulas
Nigeria has raised all its price formulas for November by1-18 cents/B. Pennington was raised by 18 cents/B and Forcados by 15 cents/B.Brass River and Escravos were marked up by 10 cents/B and Bonny Light and QuaIboe were increased by 9 cents/B. Bonny Medium was put up by 1 cent/B.Regarding Odudu, no October formula was available, but its November crudeformula is 22 cents/B above its September adjustment factor. The...
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