VOL. XXXV

NO. 43

27-JULY-1992

Supply/Demand

World Crude Oil Production Declines 0.8% in 1991, Says CIA

World crude oil production, excluding natural gas liquids, stood at 58.754mnb/d in 1991, compared to 59.224mn b/d in 1990, or a decline of 0.79%, accordingto the 30 June International Energy Statistical Review published by the USCentral Intelligence Agency (CIA). The shortfall was limited to the Middle East,where there was a decline of around 540,000 b/d due to the shutdown of Iraqi andKuwaiti...