VOL. XXXVI

NO. 19

8 FEBRUARY 1993

OIL PRICES

Nigeria Hikes Prices of Heavy Crudes for February, Others Unchanged

The Nigerian National Petroleum Corporation (NNPC) has left its Februaryprice formulas unchanged from January prices except for its heavier Forcados andBonny Medium crudes. Bonny Light, Brass River, Qua Iboe and Pennington remainunchanged at Dated Brent plus 40 cents/B. Escravos remains unchanged at DatedBrent plus 35 cents/B. The price formulas for Forcados and Bonny Medium wereboth...