No 44

29 October 2001


OPEC SeptemberProduction Declines To 26.84Mn B/D

Productionby the OPEC member states declined to 26.840mn b/d in September from 27.565mnb/d in August (MEES, 24 September). The reduction was due largely to thepiecemeal cuts implemented by the OPEC 10 (excluding Iraq) following a decisionby OPEC on 25 July to cut output beginning 1 September by 1mn b/d, from24.201mn b/d to 23.201mn b/d (MEES, 30 July). Iraqi oil production wasalso down in September.

TheOPEC 10...