VOL. XXX

NO. 23

16-MARCH-1987

SAUDI ARABIA

Saudi Output Stays Low

MEES understands that Saudi oil output is continuing to run at substantiallyunder the 4.133mn b/d first quarter quota level, with Aramco productionaveraging some 2.9mn b/d in the first week of March and rising to around 3.1mnb/d in the second. However it is also understood that the Saudi authorities haveresumed pumping crude into floating storage at a rate of slightly over 300,000b/d, meaning that the figures for 'real' production...