VOL. XXXVIIINO. 105 DECEMBER 1994
Nigeria Slashes December Price Formulas By $0.38-0.47/B
Nigeria has reduced the price formulas of its December crudes by $0.38-0.47/Bover Dated Brent. Bonny Light, Qua Iboe, and Escravos were each lowered by$0.41/B, while For- cados was reduced by $0.47/B and Bonny Medium was cut by$0.46/B. Brass River and Pennington were lowered by $0.43/B and $0.38/Brespectively.
The following table shows the adjustment factors for Nigerian crude oils inrelation to...