VOL. XXXVIIINO. 714 NOVEMBER 1994

OPEC

OPEC Production Stays Steady At 24.75Mn B/D For October

OPEC crude oil production remained steady at 24.75mn b/d in October, slightlydown from 24.78mn b/d in September, with a substantial boost in output fromNigeria being more than offset by a commensurate drop in Iranian production,according to MEES estimates (see table below). In Nigeria the post-disruptionrecovery continued in October with crude production estimated to have averaged1.92mn b/d as against...