VOL. XLIV

No. 17

23 April 2001

IRAQ

Iraqs Resumption Of Normal Exports Raises OPECs March Production To 28.27Mn B/D

Total OPEC crude oil production increased by 650,000 b/d in March, mainly because of the return of Iraqi oil production to normal levels. The 10 OPEC member countries (excluding Iraq) that participate in the OPEC allocation program maintained almost the same production level in March as February, exceeding the 25.201mn b/d OPEC ceiling for those two months by around 470,000 b/d.

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