VOL. XXXV
NO. 48
31 AUGUST 1992
Oil Prices
Nigeria Raises Prices of Heavy Crudes in September
The Nigerian National Petroleum Corporation (NNPC) has raised the priceformulas of its gasoil-rich heavy crudes for the third consecutive month, whilekeeping unchanged the formulas for the light crudes. The September price formulas for term customers for the heavier crudes - Forcados and Bonny Medium -were raised 15 cents/B each to Dated Brent plus 40 cents/B and Dated Brent plus15 cents/B respectively....
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