OAPEC

OAPEC Oil Production Rises by 26.8% in 1986

Crude oil production in the eleven member countries of the Organization of Arab Petroleum Exporting Countries (OAPEC) increased to 12,592,000 b/d in 1986 from 9,928,000 b/d in 1985, a rise of 26.8%, according to OAPEC's 13th Annual Report covering the year 1986, which has just been released. The highest increase was registered by Saudi Arabia (58.8%), followed by Kuwait (51.3%) and Iraq (20.2%), and the largest drop was registered by...