VOL. XLV

No 25

24-June-2002

OPEC/NON-OPEC

OPEC Production RisesTo 24.94Mn B/D In May

Oil production by theOPEC 10 member countries (excluding Iraq) increased for the third consecutivemonth in May, rising by 302,000 b/d over the previous month to 23.18mn b/d (MEES,13 May). Total oil production (including Iraq)in May was 24.94mn b/d, compared to 24.178mn b/d in April, or an increase of762,000 b/d, attributable partly to higher Venezuelan output and partly to thegradual resumption of Iraqi exports...