VOL. XXXIV
NO. 11
17 DECEMBER 1990
Supply/Demand
OPEC Production Hits 23.6mn b/d in November
According to MEES estimates OPEC crude oil production averaged 23.63mn b/d inNovember, registering a very substantial increase of 970,000 b/d over theOctober figure of 22.66mn b/d. The November boost was largely attributable torises of 460,000 b/d in Iran, where November output returned to the Septemberlevel after a dip in October, and 530,000 b/d in Saudi Arabia whose Novemberproduction totaled 8.33mn b/d...
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