OPEC AND OIL PRICES
Crude Oil Production Averages 881,376 b/d in 4Q 1987
Egyptian crude oil production averaged 881,376 b/d in the fourth quarter of1987, according to statistics supplied to MEES by the Egyptian General PetroleumCorporation (EGPC). This is slightly in excess of Egypt's self-imposed outputceiling of 870,000 b/d. Monthly average output in the final quarter was 885,369b/d in October, 882,265 b/d in November, and 876,525 b/d in December. Gupco...