Nigerian Brass River hits 4-year low to Dated Brent

摘要

London—The value of light sweet Nigerian crude oil Brass River relative to Dated Brent fell to a four-year low on March 31, according to Platts data.The grade was assessed at Dated Brent plus 22.5 cents/barrel. The last time it was assessed at that level was May 20, 2005. The premium Brass River commands over Dated Brent has fallen by $1.10/b since March 16.