Products
Bonny Light Crude Oil
Description:
Price shall be Three (3) days average of day-before-day of-day after, Q&Q inspection. The mean quotations for Brent (Dated) (PCAAS00) London, as published by Platts crude oil market wire under the heading key benchmarks, minus US dollars Gross $11.00 Net $9.00 discount per barrel to the buyer. Seller broker agents: UD$1.00 -closed. Buyer broker agents: USD$1.00 – open. • The Platt quotations shall be the three (3) consecutive mean quotations centred on the loading date. • If loading date falls on a Saturday or holiday or a non-publishing day the effective date for pricing purpose shall be the following business day. • The price per bbl. shall escalate or de-escalate by USD 0.0011 per one tenth (1/10) of each API degree above or below API 34º - 37º at 60 Deg. F. • Currency: United States Dollar ($) is the currency of Sales & Purchase.
