VOL. XXXVII

NO. 37

13 JUNE 1994

Iran

Iranian Output Up In May But Still Below Quota

Iran's crude oil output recovered somewhat in May to reach 3.536mn b/d ascompared with 3.430mn b/d in April, according to MEES estimates. However, theMay production figure was still well short of Iran's OPEC quota of 3.6mn b/d.Data from MEES sources indicate that Iranian crude exports averaged 2.536mn b/din May, up 106,000 b/d from the April figure of 2.430mn b/d. Allowing forestimated crude deliveries to domestic...