VOL. XLIII

No. 38

18 September 2000

OPEC

OPEC Production Rises To 28.92Mn B/D In August

OPEC member states (including Iraq) increased production to 28.92mn b/d in August from 28.10mn b/d in July, or a rise of 820,000 b/d, according to MEES estimates. The rise in output was almost entirely attributable to Saudi Arabia and Iraq, while most of the other countries maintained their production at or near capacity levels, as in July. The only exception was Iran, which experienced a substantial decline in...