VOL. XXXIV

NO.15

14 JANUARY 1991

OPEC

OPEC Production Hits 23.86mn b/d in December

According to MEES estimates, OPEC crude production averaged 23.86mn b/d inDecember, up 230,000 b/d over the November figure of 23.63mn b/d. Productionfrom Saudi Arabia in December (including half share of Neutral Zone output)averaged 8.43mn b/d, an increase of 100,000 b/d over November. MEES understandsthat Saudi output had risen to around 8.5mn b/d by the end of December and islikely to maintain that level in...