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Showing 1 to 1 of 1 for “"Bonny Light"”.
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An analysis of the OPEC Reference Basket with regards to African Pricing and Spread to the WTI and Brent
… the period starting from 1997-2008. The Nigerian Bonny Light and Algerian Saharan blend were the two benchmarks used for this study. A time series analysis was applied to the weekly price data series set and with the aid of a breakpoint unit root test and Cusum of Squared test to determine if …