VOL. XLI
No. 43
26-October-1998
OPEC
Nigeria Cuts Price Formulas For November
Nigeria has decreased most of its oil price formulas for November by5-10 cents/B, with the exception of Forcados. Bonny Light and Qua Iboe were each cut by 8cents/B, while Escravos and Brass River were reduced by 10 cents/B. Bonny Medium andPennington were cut by 5 cents/B. Forcados was raised by 10 cents/B. The following tableshows the adjustment factors for Nigerian crude oils in relation to Dated Brent for 1998...
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!