VOL. XLI
No. 47
23-November-1998
OPEC
Nigeria Reduces December Price Formulas
Nigeria has cut its oil price formulas for December by 2-7 cents/B.Pennington was reduced by 2 cents/B; Escravos, Forcados and Bonny Medium were marked downby 5 cents/B; Brass River was cut by 6 cents/B; and Bonny Light and Qua Iboe weredecreased by 7 cents/B. The following table shows the adjustment factors for Nigeriancrude oils in relation to Dated Brent for 1998 ($/B):
1998 | ||||||||||||
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | ... |
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!