VOL. XXXIX No. 46

12 August 1996

OPEC

OPEC Crude Production Holds Steady At 25.59Mn B/D In July

OPEC's crude oil production remained essentially steady last month, rising by a modest 27,000 b/d to 25.590mn b/d in July from 25.563mn b/d in June, according to MEES estimates (see table below). The table excludes figures for Gabon, whose withdrawal from OPEC (effective 1 January 1995) was officially confirmed at the Organization's ministerial conference in June 1996.

In July, Venezuelan...