VOL. XXXIV

NO. 3

22-OCTOBER-1990

OPEC Output Edges Higher As Fourth Quarter Progresses

As the fourth quarter gets underway, prospects for increased OPEC crudeoutput seem to be improving. For one thing, it seems that production forSeptember was somewhat higher than originally estimated; and for another,further increments are in the pipeline from other key producers between nowand the end of the year.

As regards September, the preliminary MEES estimate for OPEC crude output was22.49mn b/d (MEES, 8...