VOL. XXXV

NO. 26

30 MARCH 1992

Oil Prices

Nigeria Raises Price Formulas 10-35 Cents/B for April

The Nigerian National Petroleum Corporation (NNPC) has increased the Aprilprice formulas for its light crudes by 10 cents/B and for the heavier crudes by35 cents/B in line with current spot movements. Among the light crudes, BonnyLight, Brass River, Qua Iboe and Pennington were increased to Dated Brent plus45 cents/B and Escravos to Dated Brent plus 40 cents/B, while the heavierForcados was raised to...