VOL. XLII
No 51
20-December-1999
OPEC
OPEC Oil Production Registered Modest Decline In November
Overall OPEC crude oil production fell by a modest 70,000b/d in November, while compliance by the 10 member countries (excluding Iraq)which participate in the OPEC output cutback program registered a smallimprovement to around 84% from the previous months level of about 83%.
According to MEES estimates, OPECs crude productionaveraged 26.14mn b/d in November, down by 70,000 b/d from 26.21mn b/d in...
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