Middle East Economic Survey
VOL. XLVIII
No 30
25-July-2005
OPEC Oil Output Holds At 30Mn B/D As Iran Slippage Erased By Small Gains Elsewhere
OPEC oil production held above 30mn b/d for a second month in June, little changed from May as a slight decline in Iranian production was offset by gains in Nigeria and smaller increases elsewhere. Total OPEC production fell in June by 75,000 b/d to 30.035mn b/d from 30.11mn b/d in May, according to MEES estimates (MEES, 20 June). OPEC-10 (OPEC without Iraq)...
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