VOL. XXXI

NO. 17

1-FEBRUARY-1988

OPEC AND OIL PRICES

Malaysia Produces Nearly 500,000 b/d in 1986/87

Malaysia's crude oil production in the financial year 1986/87 totalled181.9mn barrels (498,356 b/d), according to the recently released results of thestate oil company Petronas. The Petronas figures appear to be somewhat atvariance with assurances by government officials in mid-1986 that Malaysiawould cut its oil output by 10% - from 510,000 b/d to 459,000 b/d - in supportof OPEC's attempts to...