OPEC monitors its own crude production using so-called secondary
sources, including the media. Platts publishes monthly estimates
of OPEC production, based on a survey of OPEC and oil industry officials,
on a country-by-country basis.
OPEC sets a production target for twelve of its 13 members. Iraq,
which is struggling to rebuild its oil industry after years of UN
sanctions and a war led by the US, does not have a production quota.
All figures are in millions of barrels per day.
| Country |
Oct. '08 |
Sep. '08 |
Aug. '08 |
July '08 |
target |
| Algeria |
1.380 |
1.400 |
1.400 |
1.390 |
1.357 |
| Angola |
1.870 |
1.800 |
1.900 |
1.880 |
1.900 |
| Ecuador |
0.500 |
0.500 |
0.510 |
0.510 |
0.520 |
| Iran |
3.900 |
3.980 |
4.000 |
3.980 |
3.817 |
| Kuwait |
2.600 |
2.620 |
2.600 |
2.600 |
2.531 |
| Libya |
1.740 |
1.700 |
1.650 |
1.650 |
1.712 |
| Nigeria |
1.950 |
1.950 |
1.950 |
1.900 |
2.163 |
| Qatar |
0.840 |
0.850 |
0.850 |
0.850 |
0.828 |
| Saudi Arabia |
9.400 |
9.500 |
9.670 |
9.450 |
8.943 |
| UAE |
2.550 |
2.630 |
2.630 |
2.630 |
2.567 |
| Venezuela |
2.380 |
2.390 |
2.390 |
2.360 |
2.470 |
| OPEC-12 |
29.110 |
30.180 |
30.410 |
30.310 |
29.673 |
| Iraq |
2.300 |
2.290 |
2.400 |
2.460 |
N/A |
| Indonesia |
0.850 |
0.860 |
0.860 |
0.860 |
0.865 |
| Total |
32.260 |
32.470 |
32.810 |
32.770 |
32.330 |
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