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 | Jan 08 | Dec 07 | target |
| Algeria | 1.390 | 1.390 | 1.357 |
| Angola* | 1.850 | 1.800 | 1.900 |
| Ecuador | 0.500 | 0.500 | 0.520 |
| Indonesia | 0.830 | 0.840 | 0.865 |
| Iran | 3.980 | 3.970 | 3.817 |
| Kuwait | 2.550 | 2.540 | 2.531 |
| Libya | 1.740 | 1.740 | 1.712 |
| Nigeria | 2.100 | 2.200 | 2.163 |
| Qatar | 0.830 | 0.830 | 0.828 |
| Saudi Arabia | 9.200 | 9.020 | 8.943 |
| UAE | 2.590 | 2.500 | 2.567 |
| Venezuela | 2.400 | 2.400 | 2.470 |
| OPEC-12 | 29.960 | 29.730 | 29.673 |
| Iraq | 2.290 | 2.300 | N/A |
| Total | 32.250 | 32.03 |
* Angola joined OPEC on January 1, 2007. An output allocation of 1.9 million b/d assigned at OPEC's December 5 meeting in Abu Dhabi came into effect on January 1.
** Ecuador resumed its OPEC membership in November. An output allocation of 520,000 b/d came into effect on January
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