7 FEBRUARY 1994
OPEC Production Dropped To 24.64Mn B/D In January
After a reasonably buoyant week on the oil price front during which crudevalues rose by around $1/B, the OPEC producing countries have added to the goodcheer by turning in a respectably quota-observant performance with their outputfor the month of January. According to MEES estimates, OPEC production fell by160,000 b/d last month to 24.64mn b/d as compared with 24.80mn b/d in December.Overall, the January total...
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