11 December 2000
OPEC Maintains High Production Level In November
According to MEES estimates, OPEC oil production in November (including Iraq) remained at a high level for the seventh consecutive month this year at 29.40mn b/d, compared to 29.41mn b/d in October. OPEC was able to offset a fall in Iraqi November production of 260,000 b/d with a 100,000 b/d rise in Saudi oil production to 8.90mn b/d, a 50,000 b/d rise in Venezuelan output to 3.1mn b/d, and smaller increases...
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