SOVIET WOES, MIDDLE EAST CRISIS CUT FIRST HALF WORLD CRUDE OIL PRODUCTION

Robert J. Beck Economics Editor The Persian Gulf crisis and the faltering Soviet oil industry spawned a 2.8% dive in world oil production during first half 1991 compared with the same period a year ago. Total world flow averaged 59.781 million b/d, down 1.728 million b/d from first half 1990 (see table, OGJ, Sept. 9, p. 43).

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