25 SEPTEMBER 1995
Nigeria Raises October Price Formulas By 14-20 Cents/B
Nigeria has raised its October price formulas for crude sales by 14-20cents/B. Pennington was increased by 20 cents/B, while Bonny Light, Brass River,Qua Iboe and Escravos were put up by 18 cents/B. Bonny Medium and Forcados wereraised by 17 cents/B and 14 cents/B, respectively. The following table shows theadjustment factors for Nigerian crude oils in relation to Dated Brent forOctober and the...