VOL. XXXIV

NO. 32

13 MAY 1991

OPEC

OPEC Crude Production Drops 800,000 b/d in April

According to MEES estimates, OPEC crude oil production averaged 22.346mn b/din April, down 804,000 b/d from the March figure of 23.150mn b/d. This is moreor less in line with the second-quarter ceiling of around 22.3mn b/d proposed byOPEC at its ministerial meeting in Geneva last March (MEES, 18 March).

OPEC's April production drop was virtually entirely brought about by a900,000 b/d fall in Saudi wellhead output...