VOL. XXXII

NO. 20

20 FEBRUARY 1989

OPEC EXPERTS ESTIMATE JANUARY OPEC PRODUCTION AT 19.377MN B/D BUT SUPPLYIS CLOSE TO QUOTA

Meeting in Vienna last week, a group of OPEC marketing representativesmandated by the November 1988 Conference to monitor production levels concludedthat wellhead crude oil production by the 13 OPEC member countries for the monthof January averaged 19.377mn b/d, MEES understands.

However, of course, it must be noted that the definition of quota under OPECrules is based not...