OPEC production

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	Nov 08	Oct 08	Sep 08	Aug 08	July 08	Target*
Algeria	1.360	1.380	1.400	1.400	1.390	1.286
Angola	1.870	1.870	1.800	1.900	1.880	1.801
Ecuador	0.500	0.500	0.500	0.510	0.510	0.493
Iran	3.850	3.900	3.980	4.000	3.980	3.618
Kuwait	2.500	2.600	2.620	2.600	2.600	2.399
Libya	1.700	1.740	1.700	1.650	1.650	1.623
Nigeria	1.900	1.950	1.950	1.950	1.900	2.050
Qatar	0.830	0.840	0.850	0.850	0.850	0.785
Saudi Arabia	8.900	9.400	9.500	9.670	9.700	8.477
UAE	2.400	2.550	2.630	2.630	2.630	2.433
Venezuela	2.350	2.380	2.390	2.390	2.360	2.343
OPEC-11	28.160	29.110	29.320	29.550	29.450	27.308
Iraq	2.370	2.300	2.290	2.400	2.460	N/A
Indonesia	0.850	0.850	0.860	0.860	0.860	0.865
Total	31.380	32.260	32.470	32.810	32.770

* From November 1. Indonesia, which will leave OPEC at the end of the year, is not part of the October 24 decision to reduce the target by 1.5 million b/d to 27.308 million b/d. Previous totals have been recalculated as OPEC-11 totals to exclude Indonesia.

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