ECONOMIC & ENERGY INDICATORS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP83-00452R000200350002-0
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 14
• Document Creation Date: December 20, 2016
• Sequence Number: 2
• Content Type: REPORT

Approved For Release 2007/08/09: CIA-RDP83-00452R000200350002-0
Directorate of
Intelligence
Economic & Energy
Indicators
GI EE/ 81-011
28 May 1982
Approved For Release 2007/08/09: CIA-RDP83-00452R000200350002-0
 Approved For Release 2007/08/09: CIA-RDP83-00452R000200350002-0
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 Approved For Release 2007/08/09: CIA-RDP83-00452R000200350002-0
Economic & Energy
Indicators
Economic Industrial Production
Gross National Product
Consumer Prices
Money Supply
Unemployment Rate
Foreign Trade
Current Account Balance
Export Prices in US $
Import Prices in US $
Exchange Rate Trends
Money Market Rates
Agricultural Prices
Industrial Materials Prices
Energy World Crude Oil Production, Excluding Natural Gas Liquids 8
Big Seven: Inland Oil Consumption 9
Big Seven: Crude Oil Imports 9
OPEC: Crude Oil Official Sales Price 10
OPEC: Average Crude Oil Official Sales Price (Chart) 11
The EEI provides up-to-date information on changes in economic and energy
activities of major countries. It is updated from press ticker and embassy
reporting whenever possible.
Sources are revised periodically. The most recent date of publication for the
source notes is 11 December 1980. Comments and queries are welcome.
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Percent Change From Previous Period
(Seasonally Adjusted at an Annual Rate)
IV I II III IV I Nov Dec Jan Feb Mar Apr
United States 4.4 -3.6 2.6 19.3 8.4 1.9 1.4 -16.5 -12.1 -20.3 -21.4 -20.4 18.5 -8.9 -6.6
Japan 8.3 7.0 3.1 6.1 6.7 -1.3 6.6 11.0 -4.0 -3.9 -8.4 -0.8 -0.8 -10.7
West Germany 5.0 0.2 -1.2 -3.7 5.1 -3.6 2.5 -3.7 2.5 -10.6 -10.7 25.1 0 -10.6
France 4.5 -1.0 -2.1 -7.8 -4.0 3.1 0 6.3 0 19.9 -36.9 -9.0
United Kingdom 0.5 -8.7 -6.3 -14.9 -5.1 0.5 4.0 0.4 -1.9 -18.0 -22.6 2.8 22.4 5.5
Italy 6.7 5.5 -2.5 22.7 4.1 -9.2 -16.0 21.6 -3.3 129.4 -51.5 8.2 18.9 -22.3
Canada 4.7 -1.6 9.5 3.5 9.4
Percent Change From Previous Period
(Constant Market Prices; Seasonally Adjusted at an Annual Rate)
III IV I II III IV I
United States 3.2 -0.2 2.0. 2.4 3.8 8.6 -1.6 1.4 -4.5 -4.3
Japan 5.2 4.2 3.0 4.8 2.9 3.0 4.8 3.0 -3.5
West Germany 4.4 1.8 -0.3 -0.9 -1.4 2.2 -2.0 2.7 0.4
France 3.2 1.4 0.7 0.4 0.5 -1.4 5.1 0.8 1.7
United Kingdom 1.3 -1.9 NA 1.3 -1.3 1.0 NA NA NA
Italy 4.9 3.9 -0.2 -10.8 9.5 3.3 -4.1 -6.6 10.6
Canada 3.0 NegI 3.0 0.6 9.4 3.9 5.8 -3.4 -2.1
Percent Change From Previous Period
(Seasonally Adjusted at an Annual Rate)
IV I II III IV I Nov Dec Jan Feb Mar Apr
United States 11.3 13.5 10.3 12.6 10.2 8.7 12.1 7.5 2.6 5.7 4.6 3.3 0.4 -2.2
Japan 3.6 8.1 4.9 5.5 5.0 2.9 3.1 5.1 1.3 6.5 8.3 -3.2 -0.2 -0.1
West Germany 4.1 5.5 6.0 5.0 6.1 6.4 6.9 6.9 3.0 5.8 3.8 3.8 0.9
France 10.7 13.5 13.4 12.6 12.8 13.6 15.6 14.7 12.2 15.7 10.0 11.2 13.3 14.2 14.1
United Kingdom 13.4 18.0 11.9 11.1 10.0 15.3 8.5 14.0 7.2 16.6 9.9 4.5 4.6 6.8
Italy 15.7 21.2 19.3 21.0 19.3 19.3 16.7 17.6 13.2 17.8 16.4 10.6 11.6 13.4 10.9
Canada 9.1 10.2 12.5 10.5 11.2 13.3 15.0 9.8 8.8 5.3 6.4 7.1 13.6 12.8
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Money Supply, M-1
Percent Change From Previous Period
(Based on Amounts in National Currency Units; Seasonally Adjusted at an Annual Rate)
IV
I
II
III
IV
I
Nov
Dec
Jan
Feb
Mar
Apr
United States a 7.7
6.3
7.0
11.6
4.6
9.6
0.2
5.9
10.8
10.1
13.1
23.1
-3.4
2.4
12.4
Japan 9.9
0.8
3.7
-3.5
2.6
21.0
3.3
11.0
8.5
12.0
8.3
13.8
14.9
-18.4
West Germany 7.5
2.4
1.1
11.7
-4.6
-4.3
0.8
1.5
3.8
32.3
2.0
-4.4
4.6
6.6
France 12.3
8.4
12.7
11.1
12.0
16.4
16.0
17.0
-0.6
0.3
0
United Kingdom 12.3
4.5
11.0
8.8
6.8
21.8
NA
34.0
5.5
34.0
0.7
24.2
-4.4
-8.7
Italy 23.5
15.9
11.2
15.2
16.5
5.9
2.9
9.5
3.9
65.2
24.7
Canada 6.9
6.3
3.9
16.3
1.2
4.7
-3.8
-16.3
-76.7
-26.4
128.1
17.2
-19.0
Percent a
(Seasonally adjusted)
IV
I
II
III
IV
I
Nov
Dec
Jan
Feb
Mar
Apr
United States
5.9
7.2
7.6
7.4
7.4
7.4
7.4
8.4
8.8
8.3
8.8
8.5
8.8
9.0 .
9.4
Japan
2.1
2.0
2.2
2.1
2.2
2.3
2.2
2.2
2.3
2.1
2.2
2.2
2.3
2.3
West Germany
3.3
3.4
4.9
3.7
4.1
4.6
5.1
5.7
6.1
5.7
5.9
5.9
6.1
6.2
France
6.2
6.6
6.8
7.3
7.8
8.1
8.1
United Kingdom
5.4
6.8
8.3
9.5
10.4
10.9
Italyb
7.7
7.6
8.4
7.5
7.8
8.6
8.3
9.0
9.4
Canada
7.4
7.5
7.6
7.3
7.3
7.2
7.6
8.4
8.6
8.3
8.6
8.3
8.6
9.0
9.6
a Unemployment rates for France are estimated. For comparison
with the US rate, the rates for France and the United Kingdom
should be increased by 5 percent and 15 percent respectively. Italian
rates should be decreased by 50 percent; the rates for Japan,
Canada, and West Germany are comparable to US rates.
b Quarterly data.
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 Approved For Release 2007/08/09: CIA-RDP83-00452R000200350002-0
United States a
Exports
181.6
220.7
233.5
57.2
60.0
58.4
57.9
57.2
Imports
206.3
245.0
261.0
61.6
65.6
65.5
64.6
65.3
Balance
-24.6
-24.3
-27.5
-4.5
-5.6
-7.1
-6.8
-8.1
Japan
Exports
101.2
125.9
149.8
34.8
37.3
37.5
37.4
37.5
Imports
99.4
124.2
129.6
31.9
33.7
32.5
30.8
32.7
Balance
1.7
1.7
20.1
2.9
3.6
5.1
6.6
4.9
West Germany
Exports
171.8
193.2
175.8
45.8
44.0
42.7
42.0
47.0
Imports
151.7
178.8
155.6
43.0
41.2
37.9
36.9
39.6
Balance
20.1
14.3
20.1
2.9
2.8
4.8
5.1
7.4
France
Exports
100.6
116.0
106.7
28.8
27.2
26.5
26.1
26.9
Imports
103.3
130.2
116.5
32.1
29.9
28.6
28.0
30.0
Balance
-2.7
-14.2
-9.8
-3.2
-2.7
-2.1
-1.9
-3.1
United Kingdom
Exports
86.6
110.2
28.4
27.2
Imports
93.9
107.3
25.3
23.3
23.2
Balance
-7.3
2.9
3.0
3.9
Italy
Exports
72.0
77.9
75.5
18.6
17.6
18.8
19.8
19.4
Imports
71.8
93.3
85.1
22.7
20.7
21.9
22.2
20.3
Balance
0.2
-15.3
-9.6
-4.1
-3.1
-3.1
-2.4
-0.9
Canada
Exports
56.0
65.0
69.8
16.9
17.0
18.0
17.2
17.6
Imports
53.7
59.1
65.8
15.2
15.9
17.2
16.9
15.7
Balance
2.4
5.9
4.0
1.6
1.0
0.8
0.3
1.9
Italy
Canada
3.7
-16.5
7.4
-9.8
-1.6
IV
I
II
III
IV
6.6
1.4
3.3
1.2
2.1
-0.1
-7.5
-2.4
-4.4
-2.6
-4.6
4.2
5.7
-8.7
-2.9
-5.8
-2.3
0.3
-0.9
-5.5
NegI
-1.7
-1.9
-1.1
-0.8
a Converted to US dollars at current market rates of exchange.
b Seasonally adjusted.
All data is quarterly except for Japan and West Germany.
56.0
19.2
19.2
18.9
18.7
18.7
18.6
62.3
23.1
22.5
19.7
22.8
19.1
20.3
-6.2
-3.9
-3.4
-0.9
-4.1
-0.4
-1.7
37.5
12.8
12.5
12.2
13.7
12.0
11.8
33.1
10.3
11.1
11.2
11.5
11.0
10.6
4.4
2.5
1.4
1.0
2.1
1.0
1.2
15.4
16.0
15.6
15.0
15.0
13.0
13.6
13.0
12.9
12.8
2.4
2.4
2.5
2.0
2.2
8.8
9.0
9.1
8.8
8.6
9.7
10.0
10.3
10.0
9.4
-0.9
-1.0
-1.2
-1.2
-0.9
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III IV I II III IV Sep Oct Nov Dec Jan Feb
9.2 3.9 3.0 3.7 2.4 12.6 1.6 -0.8 29.2 -4.5
16.8 -15.1 -12.1 23.7 -1.5 78.3 14.3 -22.9 15.1 -41.1
-22.8 -28.3 -16.1 45.2 106.3 67.2 17.5 19.6 -20.4 -29.7
-22.5 -25.2 -7.6 16.1 176.6 -33.5 60.9 -11.2 -3.9 -8.5
-7.9 NA NA 1.7 51.4 68.0
-13.0 -20.0 -3.9 12.0 95.1 -8.6 -6.4 1.1 27.1
25.9 -15.5 4.8 8.0 -12.9 1.5 50.9 -0.6 54.2 -50.7
United States
16.0
10.6
9.2
15.7
19.7
Japan
4.6
7.8
5.7
8.6
14.4
West Germany
12.8
7.9
-13.9
14.1
-18.8
19.5
-16.0
United Kingdom 22.6
23.0
28.6
3.4
Italy
20.2
17.5
-7.8
12.6
-13.7
Canada
17.8
17.5
4.3
14.0
-4.4
United States 17.3 27.4
Japan 23.6 37.0
West Germany 20.3 15.3
France 16.8 19.4
United Kingdom 22.6 25.2
III IV I II III
5.4 9.3 8.1 17.0 -2.0 -12.2
3.4 -1.1 6.1 14.8 -5.5 -10.6
-9.5 9.3 -14.5 -7.8 -28.1 -6.7
-7.7 18.2 -15.0 -8.1 -23.0 -2.1
18.8 4.3 -7.3 -20.4 -27.0
Sep Oct Nov
-10.2 0.7 -4.9
-12.0 -25.4 61.7
13.9 35.9 12.1
7.7 -11.9 22.4
1.7 63.5 46.2
Dec Jan Feb
13.0 26.4 7.3
-28.0 -18.3 -10.9
7.2 -2.8 -35.5
10.6 25.6 -50.5
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 Approved For Release 2007/08/09: CIA-RDP83-00452ROO0200350002-0
-1.0 -0.2 9.1 -9.6 8.3 12.3 24.5 20.2 -11.4 -27.4 -6.3 -19.6 0.4 18.2 39.5
-6.8 -4.0 10.3 17.4 28.0 23.0 -12.1 -9.1 6.0 -0.2 -17.6 45.7 31.5 -21.0 -32.9
3.9 0.4 -2.5 -0.8 -8.5 -5.0 Negl -1.1 16.1 25.5 37.7 -1.4 -1.6 -0.4 1.4
Italy -4.3 -4.3 -8.6 -5.4 -6.3 -10.2 -14.6 -3.1 -13.0 -0.3 -28.5 -10.8 -1.0 -3.6 -0.8
Japan -4.5 -3.2 2.6 23.1 18.5 10.1 -23.6 -18.8 13.6 21.4 -10.0 56.4 24.9
West Germany 9.5 0.9 -19.4 8.1 -25.2 -29.5 -29.7 -23.1 36.6 110.4 65.5 14.1 -14.2
France 5.9 0.8 -21.9 9.3 -24.3 -31.4 -35.3 -24.2 10.5 107.5 -0.5 1.4 -17.3
United Kingdom 10.5 9.6 -12.8 18.5 0.7 -12.1 -34.3 -39.2 10.4 -3.7 18.7 48.6 0.5 -10.4 -22.2
Italy 2.1 -2.8 -24.4 3.8 -24.6 -32.9 -39.2 -24.5 6.0 74.0 -6.9 - 2.9 -13.4
Canada -2.7 0.2 -2.5 4.1 -8.3 -3.2 -1.7 -4.2 6.8 24.5 -2.0 17.1 2.1
United States
90-day certificates of
deposit, secondary market
11.22
13.04
15.91
Japan
loans and discounts
(2 months)
6.10
11.44
7.45
West Germany
interbank loans
(3 months)
6.65
9.45
12.06
France
interbank money market
(3 months)
9.46
12.17
15.24
United Kingdom
sterling interbank loans
(3 months)
13.61
16.58
13.83
Italy
Milan interbank loans
(3 months)
12.04
17.48
19.96
Canada
finance paper (3 months)
11.92
13.12
18.31
Eurodollars
3-month deposits
11.97
14.04
16.79
III
IV
I
II
III
IV
Sep
Oct
Nov
Dec
Jan
Feb
9.95
15.66
15.92
16.76
17.52
13.45
16.84
15.39
12.48
12.49
13.55
15.00
12.13
10.11
8.42
7.15
7.21
7.01
7.26
7.13
7.15
6.75
6.41
6.38
9.14
9.49
11.20
13.11
12.76
11.16
12.48
11.72
11.05
10.72
10.43
10.22
11.63
11.49
11.94
15.86
17.46
15.71
17.65
16.47
15.35
15.30
15.07
14.88
16.05
15.46
13.30
12.40
14.08
15.54
14.60
16.27
15.03
15.31
15.41
14.47
17.43
17.71
17.69
20.11
20.93
21.12
21.07
21.00
21.12
21.24
21.38
21.34
10.70
13.83
17.04
18.53
20.63
17.04
20.42
18.84
16.53
15.75
15.01
15.25
10.74
16.49
16.87
17.62
18.36
14.31
17.80
16.36
13.33
13.24
14.29
15.75
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United States
(Wholesale steer beef,
midwest markets)
Corn
(Central Illinois No. 2 yellow,
S per bushel)
Cotton
(Memphis middling
I 1/ 16 inch, $ per pound)
Palm Oil
(United Kingdom 5% bulk,
c.i.f., $ per metric ton)
Rice
(New Orleans
No. 2, milled f.o.b.,
$ per metric ton)
Soybeans
(Central Illinois No. I yellow,
S per bushel)
Soybean Oil
(S per pound)
101.1
104.3
100.0
104.9
95.0
100.6
94.6
93.8
97.5
101.2
103.2
108.6
2.66
3.01
3.14
3.02
2.58
2.63
2.61
2.52
2.63
2.63
2.63
2.58
0.6328
0.8219
0.7243
0.6738
0.5771
0.5968
0.5737
0.5517
0.5876
0.5894
0.6136
0.6318
653.84
583.08
570.67
546.67
498.67
514.0
500.00
483.00
502.00
533.0
507.0
NA
381
496
565
584
465
382
470
430
408
386
353
NA
7.07
6.95
6.98
6.81
6.27
6.19
6.30
6.21
6.28
6.17
6.12
6.26
0.2768
0.2375
0.2129
0.2098
0.1945
0.1838
0.1986
0.1886
0.1844
0.1819
0.1851
0.1966
9.57
28.63
16.88
14.26
12.29
12.44
11.87
12.95
12.90
13.11
11.31
9.54
3.97
4.33
4.36
4.18
4.37
4.27
4.46
4.34
4.33
4.26
4.23
4.28
188
232
203
196
182
183
183
181
184
186
179
176
a The food index is compiled by The Economist for 16 food
commodities which enter international trade. Commodities are
weighted by 3-year moving averages of imports into industrialized
countries.
Sugar
(World raw London,
bulk 0 per pound)
Wheat
(Kansas City No. 2 hard
winter, $ per bushel)
Food Index a
(1975 =100)
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1979
1980
1981
1981
Aluminum
(major US producer,
t per pound)
60.1
71.6
77.3
77.0
78.0
Chrome Ore
(South Africa chemical
grade, $ per metric ton)
56.0
55.0
53.0
53.0
53.0
Copper a
(bar, t per pound)
89.8
98.68
79.01
79.6
78.4
Gold
306.8
612.1
460.0
480.0
422.1
(S per troy ounce)
1981
78.0 78.0 78.0 78.0 76.5 76.0 76.0 76.0
419.9 436.5 413.0 410.1 384.1 374.1 330.3 347.1
Manganese Ore 67.2 78.5 82.1 81.8 82.4 82.2 83.0 81.8 81.8 81.8 81.8 81.8 81.8
(48% Mn, S per long ton)
Synthetic b
41.1
40.6
47.5
48.5
48.2
48.0
47.0
51.5
45.4
42.9
45.8
45.9
Natural a
64.6
73.8
56.8
59.3
53.1
46.9
46.3
46.1
48.3
48.3
47.1
47.1
Silver
(S per troy ounce)
11.05
20.7
10.53
10.83
9.23
8.76
9.24
8.57
8.46
8.00
8.30
7.24
Steel Scrap d
(S per long ton)
99.4
91.2
92.0
95.7
92.3
79.3
83.2
76.8
77.9
84.3
82.2
75.0
Tungsten Ore
(contained metal,
S per metric ton)
17,504
18,219
18,097
18,373
18,526
16,583
17,264
16,646
15,839
16,015
15,858
14,355
NA
46.0
7.29
NA
13,115
Industrial
Materials Index
(1975-100)
a Approximates world market price frequently used by major world
producers and traders, although only small quantities of these metals
are actually traded on the LME.
b S-type styrene, US export price.
c Quoted on New York market.
d Average of No. 1 heavy melting steel scrap and No. 2 bundles
delivered to consumers at Pittsburgh, Philadelphia, and Chicago.
e This index is compiled by using the average of 12 types of lumber
whose prices are regarded as bellwethers of US lumber construction
costs.
f The industrial materials index is compiled by The Economist for 19
raw materials which enter international trade. Commodities are
weighted by 3-year moving averages of imports into industrialized
countries.
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 Approved For Release 2007/08/09: CIA-RDP83-00452R000200350002-0
World Crude Oil Production
Excluding Natural Gas Liquids
World
59,656
60,109
62,599
59,445
55,711
Non-Communist
Countries
46,660
46,434
48,636
45,206
41,477
Developed countries
11,346
12,196
12,757
12,859
12,879
United States
8,245
8,707
8,533
8,595
8,568
8,695
Canada
1,320
1,313
1,496
1,424
1,285
United Kingdom
768
1,082
1,568
1,622
1,811
1,911
Norway
280
356
403
528
501
554
Other
733
738
757
690
714
Non-OPEC LDCs
4,089
4,431
4,951
5,457
5,931
Mexico
981
1,209
1,461
1,937
2,312
2,314
Egypt
415
485
525
595
598
Other
2,693
2,737
2,965
2,925
3,021
OPEC
31,225
29,807
30,928
26,890
22,667
21,262
Algeria
1,100
1,161
1,154
1,012
805
800
Ecuador
183
202
214
204
211
200
Gabon
222
209
203
175
151
140
Indonesia
1,686
1,635
1,591
1,577
1,604
1,492
Iran
5,663
5,242
3,168
1,662
1,380
1,100
Iraq
2,348
2,562
3,477
2,514
1,000
1,500
Kuwait b
1,784
1,894
2,213
1,387
939
650
Libya
2,063
1,983
2,092
1,787
1,140
1,000
Neutral Zone c
393
473
568
538
371
305
Nigeria
2,085
1,897
2,302
2,055
1,430
1,750
Qatar
445
487
508
472
405
403
Saudi Arabia b
9,017
8,066
9,251
9,631
9,629
8,500
UAE
1,998
1,830
1,831
1,709
1,501
1,448
Abu Dhabi
1,651
1,446
1,463
1,350
1,132
1,065
Dubai
319
362
354
349
359
374
Sharjah
28
22
14
10
10
9
Venezuela
2,238
2,166
2,356
2,167
2,101
1,974
Communist countries
12,996
13,675
13,963
14,239
14,234
USSR
10,650
11,140
11,400
11,700
11,800
China
1,874
2,082
2,122
2,114
2,024
Other
472
453
441
425
410
a Preliminary.
b Excluding Neutral Zone production, which is shown separately.
c Production is shared equally between Saudi Arabia and Kuwait.
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 Approved For Release 2007/08/09: CIA-RDP83-00452R000200350002-0
United States 18,847 18,513 17,006 15,983
Japan 5,115 5,171 4,674 4,444
West Germany 2,596 2,664 2,356
France 2,077 2,107 1,965
United Kingdom 1,683 1,690 1,422
Italy b 1,551 1,620 1,602
a Including bunkers, refinery fuel, and losses.
b Principal products only.
Japan
West Germany
France
United Kingdom
Italy
Canada
4,662
1,913
1,318
621
1,741
1,315
1,705
1,617
6,519 5,220 4,406
4,846 4,373 3,919
2,147 1,953 1,591
1,157 893 736
616 557 521
III IV Jan Feb Mar
15,523 15,983 15,890 15,941 15,006
4,107 4,691 4,465 5,297
2,101
1,343 1,959 1,768 1,817 1,823
1,193 1,412 1,399 1,451
1,552 1,727 1,801 1,795
1,610 1,595
II
4,217
4,021
1,569
1,739
683
1,719
571
III , IV
4,404 4,188
3,557 3,837
1,558 1,556
685 800
1,850 1,798
512 482
Jan
3,648
4,094
1,528
1,947
744
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Mar
3,142
 Approved For Release 2007/08/09: CIA-RDP83-00452R000200350002-0
OPEC average b
12.88
12.93.
18.67
30.87
34.50
34.29
34.13
33.72
33.45
Berri
39? API 1.16% sulfur
Light
34? API 1.70% sulfur
12.40
12.70
17.26
28.67
32.50
34.00
34.00
34.00
34.00
Medium
31 ? API 2.40% sulfur
12.01
12.32
16.79
28.12
31.84
32.40
32.40
32.40
32.40
Heavy
27? API 2.85% sulfur
11.70
12.02
16.41
27.67
31.13
31.00
31.00
31.00
31.00
Light
34? API 1.35% sulfur
12.81
12.81
19.45
34.54
36.60
34.20
32.16
30.20
30.20
Heavy
31 ? API 1.60% sulfur
12.49
12.49
18.49
33.60
35.57
32.30
30.26
28.30
28.30
Iraq c
35? API 1.95% sulfur
12.61
12.62
18.56
30.30
36.66
34.93
34.93
34.89
34.83
Nigeria
34? API 0.16% sulfur
14.45
14.07
20.86
35.50
38.48
36.47
36.47
36.06
35.42
UAE
39? API 0.75% sulfur
12.88
13.26
19.81
31.57
36.42
35.50
35.50
35.14
34.56
Kuwait
311 API 2.50% sulfur
12.37
12.26
18.48
29.84
35.08
32.30
32.30
32.30
32.30
Libya
40? API 0.22% sulfur
14.06
13.89
21.16
36.07
40.08
37.00
37.00
36.42
35.50
Venezuela
26* API 1.52% sulfur
12.75
12.75
17.22
28.44
32.88
32.88
32.88
32.88
32.88
Indonesia
35? API 0.09% sulfur
13.55
13.55
18.35
30.55
35.00
35.00
35.00
35.00
35.00
Algeria
42? API 0.10% sulfur
14.37
14.14
19.65
37.59
39.58
37.00
37.00
36.42
35.50
Qatar
40? API 1.17% sulfur
13.19
13.19
19.72
31.76
37.12
35.45
35.45
35.08
34.49
Gabon
29? API 1.26 % sulfur
12.80
12.80
18.20
31.09
34.83
34.00
34.00
34.00
34.00
Ecuador
28? API 0.93% sulfur
12.90
12.33
22.41
34.42
34.50
33.35
33.35
33.35
33.35
a F.o.b. prices set by the government for direct sales and, in most
cases, for the producing company buy-back oil.
b Weighted by the volume of production.
C Beginning in 1981 the price of Kirkuk (Mediterranean) is used in
calculating the OPEC average official sales price.
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 Approved For Release 2007/08/09: CIA-RDP83-00452R000200350002-0
OPEC: Average Crude Oil Official Sales Price
34.50
30.87
18.67
11.29 11.02 11.17 12.88 12.93
3.39
1973 74 75 76 77 78 79 80 81
17.08
13.79
34.84 34.64 34.06 34.48 34.29 34.13 33.77
33.45
1 II III IV I II III IV I II III IV J F M A M J J A S 0 N D
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