VOL. XXXIV

NO. 20

18-FEBRUARY-1991

Supply/Demand

OECD Production and CPE Net Exports Fall in 1990

Figures published in the latest issue of the IEA's OMR (see above) point tofurther declines in 1990 both in OECD crude oil production and net oil exportsfrom the CPEs (the term Centrally Planned Economies is still being used todesignate the Eastern European economies in transition, the Soviet Union, China,and a number of smaller planned economies). OECD crude production in 1990 is putat 13.260mn b/d,...