VOL. XLVI

No 29

21-July-2003

OPEC

OPEC Oil Production Falls To 26.37Mn B/D In June

Total OPEC oil production fell by 320,000 b/d or 1.2% in June to 26.37mn b/d from 26.69mn b/d in May, MEES estimates show (MEES, 23 June). OPEC-10 (OPEC without Iraq) production fell by 520,000 b/d or 2% to 25.87mn b/d in June from 26.39mn b/d in May, 470,000 b/d over the OPEC-10 output target agreed to come into effect on 1 June at the 24 April Consultative Meeting in Vienna (MEES, 28 April). Junes output data...