VOL. XXXVIII
NO. 19
6 FEBRUARY 1995
Oil Prices
Nigeria Increases February Price Formulas By 14-32 Cents/B
Nigeria has raisedits February price formulas for crude sales by 14-32 cents/B over Dated Brent.The increases were 32 cents/B for Qua Iboe, 27 cents/B for Brass River andPennington, 23 cents/B for Escravos and Bonny Medium, 16 cents/B for Forcados, and14 cents/B for Bonny Light. The following table shows the adjustment factors forNigerian crude oils in relation to Dated Brent for February and...
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