NO. 41

13 JULY 1992

OpecCrude Production Reached 23.73Mn B/D In June

According to MEES estimates, OPEC crude oil production averaged 23.73mn b/din June, marginally above the May figure of 23.69mn b/d. Increases from SaudiArabia and Kuwait (70,000 b/d each, including Neutral Zone shares somewhat downon the previous month), Nigeria (50,000 b/d), Venezuela (50,000 b/d) and Libya(30,000 b/d) were counter- balanced by a drop of 225,000 b/d in Iranianproduction. Neutral Zone output was also...