VOL. XL
No. 47
24 November 1997
OPEC
Nigerian December Price Formulas
Nigeria has left most of its crude oil price formulas unchanged for December, withincreases of 2 cents/B for Escravos and Forcados, and a rise of 3 cents/B for BonnyMedium. The following table shows the adjustment factors for Nigerian crude oils inrelation to Dated Brent for 1997 ($/B):
1997 | ||||||||||||
Jan | Feb | Mar | Apr | May | Jun | Jul | Aug | Sep | Oct | Nov | Dec | |
Bonny Light (37ยบ) | +0.50 | +0.53 | +0.58 | +0.04... |
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