NO. 37

15 JUNE 1992

OPEC Crude Production Rose By Over 400,000 B/D To 23.69Mn B/D In May

According to MEES estimates, OPEC crude oil production rose sharply to23.69mn b/d in May, an advance of 420,000 b/d over the April figure of 23.27mnb/d. Much of the increase - some 270,000 b/d - came from Iran whose outputrebounded to a more normal level of 3.37mn b/d in May, after April productionhad been depressed owing to loading delays at Kharg Island due to bad weather(for details of Iran's May...