VOL. XLV
No 11
18-March-2002
OPEC
OPEC 10 ProductionFalls For Seventh Consecutive Month
Oil production by theOPEC 10 member countries (ie excluding Iraq) fell forthe seventh consecutive month in February, declining by 290,000 b/d to 22.52mnb/d and by a total of 3.13mn b/d or 12.2% compared to February 2001 (MEES,14 January). Total OPEC production in February was 25.06mn b/d, compared to25.12mn b/d in the previous month (see table below).
OPEC 10 Februaryproduction of 22.52mn b/d exceeded the new...
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