VOL. XXXVI

NO. 41

12 JULY 1993

OIL PRICES

Nigeria Increases Light Crude Prices And Lowers Heavier Grades For July

The Nigerian National Petroleum Corporation (NNPC) has increased the pricesof its light crudes and reduced the prices of its heavier crudes for July,reversing a trend which began in May. Bonny Light, Qua Iboe and Escravos haveeach been increased by $0.12/B, while Brass River was raised by $0.05/B andPennington was increased by $0.08/B. Forcados and Bonny Medium were reduced inprice by...