VOL. XLI
No. 33
17-August-1998
OPEC
Nigeria Raises Price Formulas For September
Nigeria has increased its oil price formulas for September by 5-38 cents/B. Bonny Lightand Qua Iboe were raised by 5 cents/B, Brass River, Pennington and Escravos were put up by8 cents/B, while Bonny Medium and Forcados were marked up by 37 cents/B and 38 cents/Brespectively. The following table shows the adjustment factors for Nigerian crude oils inrelation to Dated Brent for 1998 ($/B):
1998 | |||||||||
Jan | Feb | ... |
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