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Page added on June 28, 2006

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OPEC Crude Production Continues to Falter (MEES)

Data released today from the Middle East Economic Survey (MEES) detail OPEC crude production continues to show decreases since a relative production high last October.

Total estimated OPEC (including Iraq) crude oil production for May 2006 was 29.34 million barrels per day, compared with 30.02 million barrels per day in October of 2005. Saudi Arabian production for May 2006 fell to 9.05 million barrels per day from a high of 9.55 million barrels per day in September of 2005…

MEES



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