NO. 22

28 FEBRUARY 1994

OPEC's December/January Production As Reported By Member Countries

As regards supply (on which the OPEC quotas are based), the crude outputfigures for December 1993 and January 1994 communicated directly to the OPECSecretariat by member countries show few significant quota infringements. Themajor exception is Iraq which has a claimed output of 315,000-320,000 b/d overquota, but whose oil does not impact on world markets and which does not in anycase recognize...