VOL. XLIV

No. 07

12 February 2001

OPEC

OPEC Production Rises To 28.50MnB/D In January

Total OPEC crude oil productionincreased by 420,000 b/d in January, while member countries (excluding Iraq)which participate in the OPEC allocation program registered a slight decreaseof 80,000 b/d. The reason for this discrepancy is primarily, though notexclusively, the unpredictable program of Iraqi oil exports under theoil-for-food program following the imposition of a surcharge paid outsideUN-approved...