Vol. XL

No. 1

6-January-1997

OPEC

OPEC's Production and Supply Data

The table below shows well-head production and supplyfigures communicated directly by member countries to the OPEC Secretariat for the monthsof September, October and November. Venezuela provided production figures for November,the first time it has done so since March. Under OPEC rules, quota compliance is assessedon supply figures rather than well-head production. Supply, as defined by OPEC, iscalculated as: domestic...