VOL. XXXIII

NO. 6

13 NOVEMBER 1989

Supply/Demand

OPEC Crude Output Rises to 22.9mn B/D in October, According to IEA

Although the International Energy Agency (IEA) has left the figure for 3QOPEC crude production unchanged at 22.1mn b/d in the November issue of itsmonthly Oil Market Report (OMR), its latest estimates put OPEC oil output inOctober at 22.9mn b/d, up 0.5mn b/d from September and some 2.4mn b/d over the4Q production ceiling. The main overproducers, according to the IEA, were theUAE at...