VOL. XLI
No. 38
21-September-1998
OPEC
Nigeria Raises Price Formulas For October
Nigeria has increased its oil price formulas for October by 7-20 cents/B. Bonny Light,Qua Iboe, Escravos and Bonny Medium were raised by 10 cents/B, Forcados was marked up by 7cents/B, Brass River by 14 cents/B and Pennington by 20 cents/B. The following table showsthe adjustment factors for Nigerian crude oils in relation to Dated Brent for 1998 ($/B):
1998 | ||||||||||
Jan | Feb | Mar | Apr | May | Jun | Jul | ... |
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