VOL. XLI
No. 37
14-September-1998
OPEC
OPEC Production Dropped To 27Mn B/D In August In Line WithImproved Compliance With Output Reduction Targets
Under the impact of improved compliance by member states with output reductioncommitments, OPEC's crude oil production registered a sharp drop of 465,000 b/d to average27.02mn b/d in August as against 27.485mn b/d in July, according to MEES estimates.The main reductions came from Iran (down 197,000 b/d), Nigeria (down 190,000 b/d largelydue to supply...
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