VOL. XLI
No. 50
14-December-1998
OPEC/NON-OPEC
OPEC Crude Output Rose By 710,000 B/D To 27.56Mn B/D In November
OPECs volume cutback compliance record, having attained a highlysatisfactory level of over 90% in October, suffered a significant setback in November whenthe Organizations crude oil production climbed by 710,000 b/d. According to MEESestimates, OPECs crude output rose to 27.56mn b/d in November, as against 26.85mnb/d in October. On this basis it is calculated that compliance with the...
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