VOL. XXXVIII

NO. 10

5 DECEMBER 1994

OPEC Crude Production Rose to 24.92MN B/D in November

OPEC's crude oil production rose to 24.92mn b/d in November, up by 170,000b/d from the October level of 24.75mn b/d, with significant increases in Iranand elsewhere being partly offset by lower output in Nigeria and Venezuela,according to MEES estimates (see table below).

By far the largest month-on-month output gain was registered in Iran whereproduction recovered by some 210,000 b/d from the low October...