VOL. XXXII

NO. 8

28-NOVEMBER-1988

OPEC

Value of OPEC Oil Exports Up 21% in 1987

Figures in the newly published 1987 OPEC Annual Statistical Bulletin showthat as a group the OPEC countries realized a 21.39% increase in the value oftheir oil exports in 1987 to $95.699bn as compared to $78.834bn in 1986 -despite a decrease in both production and exports. As the Secretary General, Dr.Subroto, notes in his introduction to the Bulletin, 'The Organization'sdecision in December 1986, to return to a...