VOL. XXXVI

NO. 23

8 MARCH 1993

OIL PRICES

Nigeria Raises Prices of All Crudes by 15-17 Cents/B for March

The Nigerian National Petroleum Corporation (NNPC) has raised the priceformulas for all its crudes by $0.15- 0.17/B for March. The price of BonnyLight, Brass River, Qua Iboe and Pennington were raised by $0.17/B to DatedBrent plus $0.57/B from Dated Brent plus $0.40/B in February. Escavros was alsoraised by $0.17/B to Dated Brent plus $0.52/B compared to Dated Brent plus$0.35/B in February. The...