NO. 28

10 April 1995

OPECCrude Production Registered Steep Drop Of Over 500,000 B/D In MarchOPEC's crude oil production registered a steep drop of over 500,000 b/d lastmonth, falling to 24.583mn b/d in March as compared with 25.1mn b/d in February,according to MEES estimates (see table below). The March figure, which was only63,000 b/d above the Organization'sofficial production ceiling of 24.52mn b/d, represents thelowest monthly output for OPEC since August 1994.OPEC's March...