9 AUGUST 1993
Nigeria Raises August Price Formulas By 10 Cents/B
Nigeria has raised its August price formulas by a uniform 10 cents/B for allcrudes to reflect a widening of their spot differential with Brent. Thefollowing table shows the adjustment factors for Nigerian crudes in relation toDated Brent for the first eight months of 1993 ($/B):
_______________________1993__________________________ Aug Jul Jun May Apr Mar Feb JanBonny Light (37) +0.62 +0.52 +0.40 +0.50...