Is OPEC finally getting the word it's overproducing? A surge in Iranian output boosted OPEC production to 25.49 million b/d in November-the highest level since 1980, Middle East Economic Survey reports. MEES reports Iran produced 3.835 million b/d, 215,000 b/d more than October's level. Kuwait increased production in November by about 100,000 b/d to about 1.45 million b/d, MEES says, and Kuwaiti sources told MEES output easily will exceed an average 1.5 million b/d in December. U.S.

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