NO. 25

27 MARCH 1989


OPEC Statement on February Production

OPEC has issued a statement affirming that crude supply to the world marketby 12 member countries (excluding the UAE) in February regained unchanged fromJanuary at 17.4mn b/d slightly below the agreed quota of 17.51mn b/d for the 12.(For MEES story on OPEC's February production and supply figures, see 20 March.)The text of the statement, issued in Vienna on 20 March, is as follows:

"OPEC supply to the international...