VOL. XXXIX

No. 1

2-October-1995

OPEC

Non-OPEC Output Will Continue Strong Growth Into 1997

Non-OPEC oil output is set to continue growing strongly into 1997, according to the latest (September 1995) World Oil Report published by Kleinwort Benson Research. The Kleinwort study projects a rise of 900,000 b/d in non-OPEC production for 1997, on top of increases of 1.2mn b/d in each of the years 1995 and 1996 (see table below). The study notes that "this may seem somewhat surprising, given...