VOL. XLII
No. 27
5-July-1999
GENERAL
Gulf Countries Oil Exports To OECD Rise To 10.2Mn B/D In1998
The Gulf countries (the Gulf Cooperation Council (GCC)states plus Iran and Iraq) exported 17.1mn b/d of oil in 1998, with 10.22mn b/dgoing to OECD countries (US, Europe and Japan), or an increase of 693,000 b/dover exports to OECD countries in 1997, according to the US Energy InformationAdministration (EIA) - see table below.
US net oil imports from the Gulf in 1998 rose to 2.136mnb/d, compared to...
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