VOL. XXXVI

NO. 6

9-NOVEMBER-1992

OPEC

OPEC's Crude Production Rose Slightly in 1991 but Value of Exports Dropped

OPEC's crude oil production rose slightly in 1991, but the value of itspetroleum exports declined sharply by more than 12%, according to the 1991 OPECAnnual Statistical Bulletin which has just been released. Total crude oilproduction in 1991 amounted to 23.34mn b/d, an increase of 0.35% over the 1990level of 23.26mn b/d. However, the value of petroleum exports dropped by 12.3%from...