MOST OPEC NATIONS LOG OUTPUT GAINS IN 1990

Total crude oil production by the members of the Organization of Petroleum Exporting Countries rose to 23.26 million b/d in 1990 from 21.34 million b/d in 1989, despite the lost production from Iraq and Kuwait during the second half. Those two were the only OPEC members not recording production increases for the year. According to the annual statistical bulletin issued by the OPEC secretariat late last month, the value of total OPEC petroleum exports also jumped markedly, to $147.44 billion

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