VOL. XXXII
NO. 5
7 NOVEMBER 1988
GENERAL
OPEC Output Hits Five-Year High in October Says IEA
The latest estimates of supply and demand in the November issue of the IEA'smonthly Oil Market Report (OMR) put OPEC crude output in October at 21.1mn b/d,the highest monthly average for more than five years and some 3.3mn b/d over thepresent 15.06mn b/d ceiling plus Iraqi production of 2.7mn b/d. Saudi crudeoutput rose by 0.6mn b/d to average 5.5mn b/d in October (excluding the NeutralZone), Kuwait...
Please log in to read the rest of this story.
You may purchase access to entire
MEES digital archives by subscribing.
This subscription gives you access to all the content of MEES digital archives up to 1978!