VOL. XL
No. 04
27-January-1997
OPEC
OPEC's Production and Supply Data
The table overleaf shows well-head production andsupply figures communicated directly by member countries to the OPEC Secretariat for themonths of October, November and December. Under OPEC rules, quota compliance is assessedon supply figures rather than well-head production. Supply, as defined by OPEC, iscalculated as: domestic consumption, plus net export sales of crude oil and refinedproducts, plus withdrawals from...
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