VOL. XXXVI

NO. 26

29 MARCH 1993

OIL PRICES

Nigeria Raises Prices of Most Crudes by 10-20 Cents/B for April

The Nigerian National Petroleum Corporation (NNPC) has raised the priceformulas for several of its crudes by $0.10-0.20/B for April. The price ofPennington was raised by $0.20/B to Dated Brent plus $0.77/B, while the price ofNigeria's Brass River, Forcados, and Bonny Medium crudes were each raised by$0.10/B. For April, the price for Brass River is Dated Brent plus $0.67/B, forForcados Dated...