VOL. XXXII

NO. 24

20 MARCH 1989

OPEC EXPERTS ESTIMATE FEBRUARY OPEC SUPPLY AT BELOW QUOTA CEILING FOR 12COUNTRIES

Meeting in Vienna last week, a group of OPEC marketing representativesmandated by the November 1988 Conference to monitor production levels hasconcluded that OPEC crude oil supply by 12 out of the 13 member countries wasbelow the quota ceiling in February. The group estimated that crude supply (OPECquotas are defined on the basis of supply rather than wellhead production) bythe 12...