VOL. XL
No. 14
7-April-1997
OPEC
OPEC's Production And Supply Data
The table overleaf shows well-head production and supply figurescommunicated directly by member countries to the OPEC Secretariat for the months ofDecember 1996 and January and February 1997. Under OPEC rules, quota compliance isassessed on supply figures rather than well-head production. Supply, as defined by OPEC,is calculated as: domestic consumption, plus net export sales of crude oil and refinedproducts, plus...
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