NO. 17



OAPEC Oil Production Averages 15.76mn B/D in 1990

Oil production in the 11 member states of the Organization of Arab PetroleumExporting Countries increased by 3.7% to 15.757mn b/d in 1990, as against15.191mn b/d in 1989, ac- cording to the just published OAPEC Annual Report for1990. Consumption of oil products in the OAPEC member states in 1990 remainedsteady at around 2.49mn b/d compared to 2.48mn b/d in the previous year. Theaverage annual in- crease of...