VOL. XXXIV

NO. 11

17 DECEMBER 1990

Supply/Demand

IEA Puts OPEC Production at 22.9mn b/d in November

OPEC crude production rose by 0.6mn b/d in November (from a revised Octoberfigure of 22.3mn b/d) to 22.9mn b/d, only 0.3mn b/d less than pre-crisis outputin July, according to the end-November issue of the monthly International EnergyAgency (IEA) Oil Market Report (OMR). The increase in November is attributed toan 0.3mn b/d rise in Saudi production to 7.9mn b/d and Iranian output of 3.3mnb/d, up...