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OPEC’s output tops 30m bpd

OPEC’s president said on Sunday that production of the 11-member cartel, including Iraq, has risen to 30.3 million barrels per day (bpd) in May.

"Production of all OPEC members, including Iraq, was 29.7 million bpd last month," Sheikh Ahmed Fahd al-Sabah told reporters, amending statements he made Saturday that the figures excluded Iraqi output.

http://www.tehrantimes.com/Description.asp?Da=5/30/2005&Cat=9&Num=22

Posted on Tuesday, May 31 @ 13:05:10 PDT by stu

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