No. 42

16 OCTOBER 2000


OPEC Oil Production Tops 29Mn B/D In September Due To Rise In Iranian Output

According to MEES estimates, OPEC production (including Iraq) rose to 29.17mn b/d in September, compared to 28.92mn b/d in August, due mainly to an increase in Iranian oil production to 3.90mn b/d. OPEC production has increased sharply during the past few months and last month was 3.04mn b/d higher than September 1999 output of 26.13mn b/d.

September production by the OPEC 10...