VOL. XLVI

No 46

17-November-2003

IRAN/IRAQ

Iran, Iraq Push OPEC October Oil Production Higher

OPEC oil production rose by 380,000 b/d in October to 27.82mn b/d, compared to 27.44mn b/d the previous month, MEES estimates show. OPEC-10 production (OPEC without Iraq) rose by 230,000 b/d to 26.27mn b/d from 26.040mn b/d in September, reflecting another strong month-on-month increase for Iran, which again topped the 4mn b/d level in October (2.59mn b/d of exports and 1.45mn b/d of deliveries to...