NO. 6

11 NOVEMBER 1991

OPEC Production Reaches 23.85Mn B/D In October

According to MEES estimates, OPEC crude production rose to 23.85mn b/d inOctober as against 23.62mn b/d in September. The 230,000 b/d increase was mainlydue to higher output in the UAE (up 100,000 b/d), Iran (up 60,000 b/d),Venezuela (up 50,000 b/d), Kuwait (up 60,000 b/d) and the Saudi Arabia-KuwaitNeutral Zone (up 80,000 b/d). Saudi production (including its half share ofthe Neutral Zone) remained steady at 8.5mn...