VOL. XXXVI

NO. 35

31 MAY 1993

OIL PRICES

Nigeria Reduces Light Crude Prices And Raises Heavier Grades ForJune

The Nigerian National Petroleum Corporation (NNPC) has reduced the pricesof its light crudes and increased the prices of its heavier crudes for June,sticking with the same rationale that it applied for May. Bonny Light, Qua Iboeand Escravos were each reduced by $0.10/B, while Brass River and Pennington werecut by $0.03/B. Forcados and Bonny Medium on the other hand were increased inprice...