VOL. XXXVIII
NO. 23
6 MARCH 1995
Oil Prices
Nigeria's March Price Formulas
Nigeria has raised its March price formulas for crude sales by 3-8 cents/Bover Dated Brent for its lighter crudes, but reduced the price of the heavierForcados and Bonny Medium. Prices for Bonny Light, Brass River, Qua Iboe andEscravos were raised by 8 cents, while Pennington went up by 3 cents. Forcadosand Bonny Medium were reduced by 8 cents. The following table shows theadjustment factors for Nigerian crude oils in...
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