NO. 39

26 JUNE 1995


OPEC's May Production And Supply Data

According to figures communicated directly by member countries to the OPECSecretariat, OPEC's production (well-head) and supply in May totaled 24.41mn b/dand 24.25mn b/d respectively, as compared with the April totals of 24.23mn b/dand 24.62mn b/d (MEES, 22 May). Under OPEC rules, quota compliance is assessedon supply figures rather than well-head production. Supply, as defined by OPEC,is calculated as: domestic...