VOL. XXXV

NO. 42

20-JULY-1992

OPEC

OPEC Crude Oil Production Rises 1.36% in 1991

OPEC crude oil production averaged 23.28mn b/d in 1991, compared to 22.97mnb/d in 1990, an increase of 313,000 b/d (1.36%), according to the OPEC AnnualReport 1991 published by the OPEC Secretariat. Major increases over 1990 wereregistered by Saudi Arabia (1.8mn b/d), the UAE (330,000 b/d), Venezuela(248,000 b/d), Iran (214,000 b/d), Indonesia (166,000 b/d), Libya (147,000 b/d)and Nigeria (94,000 b/d). The surge in...