No. 42

20 October 1997


OPEC Production Moves Higher In September

Buoyed up by a full month of Iraqi oil exports, OPEC's crude oil production registeredan increase of 110,000 b/d in September to reach 27.56mn b/d as against 27.45mn b/d inAugust, according to MEES estimates.

Exports from Iraq in September under the UN oil-for-food program are calculated to havetotaled some 35mn barrels, working out at an average of 1.17mn b/d for the month as awhole. With the addition of 600,000 b/d...