VOL. XXXVIII
NO. 40
3 JULY 1995
Oil Prices
Nigeria Cuts July Price Formulas
Nigeria has reduced its July price formulas for crude sales by 6-38 cents/B.Pennington was reduced by 38 cents/B, while Brass River and Escravos were cut by22 cents/B and 21 cents/B respectively. Bonny Light and Qua Iboe were bothlowered by 19 cents/B, and Forcados was marked down by 11 cents/B. Bonny Mediumwas set at parity with Dated Brent, a drop of 6 cents/B from the June formula.The following table shows the...
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!