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* Includes 50% share of Neutral Zone output which is estimated to have averaged 540,000 b/d in 4Q 1998, and January - April
** Excluding Iraq
Jul Aug Sep Oct Nov Dec Year 1999 New Quotas Previous
1 Apr 99
740 745 745 740 740 760 758 731 788
d in 4Q 1998, and January - April 1999, and 520,000 b/d in May 1999.
OPEC Crude Oil Production January - December 2000
* Includes 50% share of Neutral Zone output which is estimated to have averaged 630,000 b/d in February, March and April 2
** Iran is not party to the 27 March agreement between the OPEC 9 to increase production with effect from 1 April 2000, but
ith effect from 1 April 2000, but has announced that it will in fact increase its output to the level quota that would have been allocated.
t would have been allocated.
OPEC Crude Oil Production January - December 2001
* Includes 50% share of Neutral Zone output which is estimated to have averaged 630,000 b/d in 1Q01, 637,000 b/d in 2Q01,
** Excluding Iraq.
New Quotas
Quotas
Jul Aug Sep Oct Nov Dec Quotas Feb-Mar
Eff Apr 01
Eff Sep 01 01
d in 1Q01, 637,000 b/d in 2Q01, 660,000 b/d in 3Q01, 640,000 b/d in October and 600,000 b/d in November and December.
Previous Nov 00- Jan 01
852.6
1,384.60
3,916.80
-
2,141.00
1,431.20
2,197.60
691.8
8,674.20
2,333.40
3,076.80
26,700.00
26,700.00
er and December.
OPEC Crude Oil Production January - December 2002
* Includes 50% share of Neutral Zone output, which averaged 592,000 b/d in 1Q 2002, 593,000 b/d in 2Q, 600,000 b/d in 3Q
** Excludes Iraq.
Jun May Apr Mar Feb Jan
1150 1110 1120 1120 1,120 1,120
1,000
1,000
1,020
1,000
1,000
1,000
1,040
1,000
1,050
1,090
1,050
1,110
* Includes 50% share of Neutral Zone output, which averaged 600,000 b/d in 4Q03, 590,000 b/d in 3Q03, 590,000 b/d in 2Q
** Excludes Iraq.
Jun May Apr Mar Feb Jan 1 Nov 03 1 Jun 03 Quota 2003
Quota Average
1040 1000 1050 1090 1,050 1,110 1,270 1317 1030
* Includes 50% share of Neutral Zone output, which averaged 600,000 b/d in November and October, stable with 3Q, comp
** Excludes Iraq
955
950
940
950
945
947
954
965
980
980
1,000
1,100
1,399
1,347
Jun May Apr Mar Feb Jan Quotas 1 Quotas 1 Aug
Nov 2004 2004
954 965 980 980 1,000 1,100 1,399 1,347
d October, stable with 3Q, compared to 583,000 b/d in 2Q and 580,000 b/d in 1Q.
OPEC Crude Oil Production January - December 2005
* Includes 50% share of Neutral Zone output, which averaged 600,000 b/d in December, down from 620,000 b/d in Novem
** Excludes Iraq.
Jun May Apr Mar Feb Jan Quotas 1
Jul 2005
940 940 950 950 940 960 1,451
* Includes 50% share of Neutral Zone output, which averaged 540,000 b/d in December stable with November, compared w
** Excludes Iraq.
Jun May Apr Mar Feb Jan
900 920 930 920 920 920
ble with November, compared with 567,000 b/d in 3Q and an average 560,000 in 2Q06.
OPEC Crude Oil Production January - December 2007
* Includes 50% share of Neutral Zone output, which averaged 530,000 b/d in December, unchanged from November.
* OPEC 12 since January 2008, prior to that OPEC 10, OPEC 11 from October 2008.
^ Revised.
Note: OPEC published quotas after the 11 September 2007 meeting, but they were subsequently withdrawn.
Jun May Apr Mar Feb Jan
860 860 860 870 860 830
ntly withdrawn.