NO. 37

12 JUNE 1995


OPEC's May Crude Production Registered Modest Rise To 25.1Mm B/D

OPEC's crude oil production held more or less steady in May, registering amodest rise of some 80,000 b/d over the April level. According to MEESestimates, OPEC crude output averaged 25.09mn b/d in May as against 25.01mn b/din April and 24.583mn b/d in March. The May output was 570,000 b/d in excess ofthe official OPEC production ceiling of 24.52mn b/d.

The current April-May average OPEC crude...