VOL. XLV
No 7
18 February 2002
OPEC/NON-OPEC
OPEC 10 January Production Down3.6Mn Mn B/D Year-On-Year
The OPEC 10 member countries(excluding Iraq) oil production fell for the sixth consecutive month, decliningby 960,000 b/d to 22.81mn b/d in January and by a total of 3.6mn b/d or 13.5%compared to January 2001 (Table 1). Total OPEC production in January was25.12mn b/d, compared to 25.77mn b/d in the previous month (Table 2). Theproduction cutback policy, started on 1 February 2001, represents a...
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