VOL. XLI
No. 46
16-November-1998
OPEC
OPEC Crude Output Dropped By 420,000 B/D To 26.85Mn B/D In October
OPECs volume cutback compliance record, boosted by a furtherinvoluntary output drop in Nigeria due to mounting civil unrest, staged a comeback inOctober as compared with the previous month. According to MEES estimatesOPECs crude oil production fell by 420,000 b/d to 26.85mn b/d in October as against27.27mn b/d in September. On this basis, it is calculated that compliance with the 2.6mnb/d...
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