VOL. XLII

No 42

18-October-1999

OPEC

OPEC Output Rose By 140,000 B/D In September But ComplianceStill Stood At Over 90%

Overall OPEC crude oil production rose by 140,000 b/d inSeptember, but compliance by the 10 member countries (excluding Iraq) whichparticipate in the OPEC output cutback program remained at a level of over 90%.

According to MEES estimates, OPECs crude productionaveraged 26.13mn b/d in September, up by 140,000 b/d from 25.99mn b/d inAugust. But if one excludes Iraq which...