No. 11

16 March 1998


Higher Iraqi Flow Boosts OPEC's Output To 28.77MN B/D In February

A sharply higher flow of Iraqi oil exports under the UN oil-for-food program waslargely responsible for a substantial increase in OPEC's crude oil production in Februarywhich rose by 490,000 b/d to reach a total of 28.77mn b/d, according to MEESestimates.

Total Iraqi production is estimated to have risen by 443,000 b/d from 1.257mn b/d inJanuary to 1.700mn b/d in February, the difference being...