VOL. XXXVI

NO. 10

7 DECEMBER 1992

OIL PRICES

Nigeria Raises Crude Prices for December

The Nigerian National Petroleum Corporation (NNPC) has raised the priceformulas for all but one of its crudes for the month of December. Forcados cruderemains unchanged from the November price formula of Dated Brent plus 45cents/B. All of Nigeria's other crudes have had their price formulas increasedby 3 cents/B with the exception of Bonny Medium, which was raised by 5 cents/B.The following table shows the...