NO. 8

22 NOVEMBER 1993


OPEC's October Production As Reported By Member Countries

As regards supply (on which OPEC quotas are based), the output figures forOctober communicated directly to the OPEC Secretariat by member countries (seetable below) show no significant quota infringements - with the exception ofIraq whose oil does not impact on world markets and which does not in any caserecognize the quota assigned to it by OPEC. Virtually the whole of the 330,000b/d excess supply...