VOL. XLII

No 46

15-November-1999

OPEC

OPEC 10 Register Compliance Slippage To 83% In October

Overall OPEC crude oil production rose by a modest 80,000b/d in September, but compliance by the 10 member countries (excluding Iraq)which participate in the OPEC output cutback program slipped to 83% from theprevious months level of around 92%.

According to MEES estimates, OPECs crude productionaveraged 26.21mn b/d in October, up by 80,000 b/d from 26.13mn b/d inSeptember. But if one excludes Iraq which...