VOL. XXXIII

NO. 49

10 SEPTEMBER 1990

OPEC

OPEC Crude Production Fell to 19.57mn b/d in August

According to MEES estimates, OPEC crude oil production fell to 19.57mn b/d inAugust, a decrease of 3.91mn b/d from the July figure of 23.48mn b/d. The dropwas, as expected, largely due to the stoppage of oil exports from Iraq andKuwait early in August. The table below shows MEES estimates for OPEC crudeproduction for the first eight months of 1990.

OPEC Crude Oil Production Jan.-Aug. 1990 (MEES Estimates...