NO. 6


OPEC Crude Production Reaches 25.25 Mn B/D In October

According to MEES estimates (see table below), OPEC crude oil productionaveraged 25.255mn b/d in October, an increase of 325,000 b/d over the Septemberfigure of 24.93mn b/d.

While up by 80,000 b/d over September, Iran's October output - measured interms of supply (that is to say export loadings plus deliveries to domesticrefineries) rather than well-head production - at an estimated 3.62mn b/d didnot equate to...