VOL.XXXVI
NO.49
6SEPTEMBER 1993
OIL PRICES
NigeriaLowersSeptember PriceFormulas Of Lighter Crudes
By 22 Cents/B
Nigeria has lowered thepriceformulasforitslighter
crudes for September by 22 cents/B,reflecting a narrowing of the spot differential with Brent.The formula forPennington was reduced by 15 cents/B while medium Forcados wasincreasedby5cents/B.TheformulaforBonny Medium
remained unchanged.Thefollowing table shows theadjustment factors for Nigerian crudes in relation to Dated Brent
for the...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!