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Nigeria raises most crude prices for February

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Nigeria has raised the official selling price of Qua Iboe and Bonny Light crude oil by 30 cents a barrel to dated Brent plus $2.80 in February from January, a trade source said on Monday. Details of its February prices are as follows, in dollars per barrel above dated Brent. Nigeria is Africa’s top oil exporter, selling around 2
million barrels per day to international markets.
CRUDE: FEBRUARY 2012
Bonny Light 2.80
Qua Iboe 2.80
EA 3.90
Forcados 3.80
Pennington 4.40
Brass Blend 2.80
Escravos 2.50
Yoho 2.80
Bonga 3.10
Erha 3.20
Agbami 1.75
Akpo Cond. 0.65
Amenam 2.20
Okwori 2.60
Okono N/A
Antan 1.10

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