NO. 23

6 MARCH 1995


OPEC's Production And Supply Data For January 1995

According to figures communicated directly by member countries to the OPECSecretariat, OPEC's production (well-head) and supply in January 1995 totaled24.58mn b/d and 24.61mn b/d respectively, as compared with the December 1994totals of 24.85mn b/d and 24.66mn b/d. Under OPEC rules, quota compliance isassessed on supply figures rather than well-head production. Supply, as definedby OPEC, is calculated as:...