ECONOMIC & ENERGY INDICATORS

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP83-00452R000200420002-2
• 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 2007/08/15: CIA-RDP83-00452R000200420002-2
Directorate of
Intelligence
Economic & Energy
Indicators
GI EE/ 82-018
3 September 1982
Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
 Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
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Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
 Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
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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 Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
Percent Change From Previous Period
(Seasonally Adjusted at an Annual Rate)
United States
4.4
-3.6
2.6
Japan
8.2
6.8
3.1
West Germany
5.4
-0.8
-2.7
France
4.5
-1.0
-2.3
United Kingdom
2.5
-6.5
-5.0
Italy
6.7
5.5
-2.3
Canada
5.3
-2.0
1.1
I
II
Apr
May
Jun
Jul
-11.7
-7.0
-12.0
-8.2
-8.3
-0.9
-3.7
-6.5
-19.6
-18.6
28.0
0.4
-0.3
-12.6
4.6
-20.3
-10.7
4.2
-8.9
20.4
0
-1.4
2.6
6.1
4.9
-16.4
9.8
-16.9
-4.9
-43.7
-41.2
-11.1
-8.8
-17.6
22.6
-28.9
Percent Change From Previous Period
(Constant Market Prices; Seasonally Adjusted at an Annual Rate)
Japan 5.2 4.2 3.0 3.0 4.8
3.0
-2.7
3.3
West Germany 4.4 1.8 -0.3 2.2 -2.0
2.7
0.4
-0.9
France 3.5 1.6 -0.2 -5.3 4.9
1.0
2.8
-0.4
United Kingdom 1.0 -2.0 NA 0.3 NA
NA
NA
0.9
Italy 4.9 3.9 -0.2 3.3 -4.1
-6.6
10.6
5.9
Canada 2.9 0.5 3.1 5.0 6.6
-4.3
-3.5
-7.9
Percent Change From Previous Period
(Seasonally Adjusted at an Annual Rate)
I
II
Apr
May
Jun
Jul
United States 11.3 13.5 10.3
3.2
4.6
3.0
12.0
13.3
7.3
Japan 3.6 8.0 4.9
-0.1
4.2
9.4
4.4
0.1
-9.3
West Germany 4.1 5.5 5.9
6.0
5.8
5.8
7.7
12.7
2.8
France 10.6 13.5 13.3
11.7
12.8
15.0
9.7
8.3
4.5
United Kingdom 13.4 18.0 11.9
6.9
13.2
26.4
9.1
3.0
2.5
Italy 15.7 21.2 19.2
16.0
13.0
11.6
14.7
12.0
19.0
Canada 9.1 10.2 12.5
10.6
12.6
6.2
18.1
11.7
7.1
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 Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
Money Supply, M-1
Percent Change From Previous Period
(Based on Amounts in National Currency Units; Seasonally Adjusted at an Annual Rate)
United States a
7.7
6.3
7.0
Japan
9.9
0.8
3.7
West Germany
7.5
2.4
1.1
France
12.3
8.5
12.7
United Kingdom
12.3
4.5
NA
Italy
23.5
15.8
11.2
Canada
6.9
6.3
4.2
Percent a
(Seasonally adjusted)
United States
5.9
7.2
7.6
Japan
2.1
2.0
2.2
West Germany
3.8
3.9
5.6
France
5.9
6.2
7.5
United Kingdom
5.7
7.4
11.4
Italy b
7.7
7.6
8.4
Canada
7.5
7.5
7.6
I
II
Apr
May
Jun
Jul
10.8
3.3
11.5
-2.4
-0.3
-0.5
2.1
14.1
4.1
-4.9
25.7
3.8
7.8
0.5
15.2
22.4
-8.7
1.0
16.0
16.3
NA
2.1
0.3
6.5
26.8
10.3
14.0
6.3
-4.0
-2.9
9.3
22.4
35.6
0.2
15.9
I
II
Apr
May
Jun
Jul
8.8
9.5
9.4
9.5
9.5
9.8
2.3
2.4
2.4
2.4
2.5
8.0
7.0
7.2
6.9
6.8
7.2
8.3
8.4
8.4
8.4
8.5
8.4
12.7
12.6
12.6
12.5
12.8
13.4
9.3
8.6
8.6
10.2
9.6
10.2
10.9
11.8
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.
Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
 Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
Billion US $, f.o.b.
(Seasonally Adjusted)
United States a
Exports 181.6
220.7
233.5
56.0
54.9
17.8
18.2
18.8
Imports 218.9
257.1
261.0
62.3
59.3
17.4
20.6
21.3
Balance -37.2
-36.4
-27.5
-6.2
-4.4
0.5
-2.3
-2.5
Japan
Exports 101.0
126.2
149.5
35.3
35.1
13.5
11.4
11.6
Imports 99.5
124.7
129.6
32.5
30.1
11.1
9.9
9.4
Balance 1.5
1.5
20.0
2.8
5.0
2.4
1.5
2.2
West Germany
Exports 171.8
193.1
175.7
45.7
45.3
15.1
15.3
14.9
14.3
Imports b 159.5
188.2
163.6
41.2
39.9
13.8
13.2
12.9
12.6
Balance 12.2
4.9
12.1
4.5
5.4
1.3
2.1
2.0
1.6
France
Exports 100.6
116.0
106.6
25.7
24.2
7.9
8.7
7.6
Imports 103.3
130.2
116.3
28.5
28.4
9.5
9.2
9.6'
Balance -2.7
-14.2
-9.8
-2.8
-4.2
-1.6
-0.5
-2.0
United Kingdom
Exports 86.5
110.2
NA
7.2
7.8
2.7
2.6
2.5
2.6
Imports 93.9
107.3
NA
7.1
7.7
2.5
2.6
2.6
2.5
Balance -7.4
2.9
NA
0.1
0.1
0.1
-0.1
0
0.1
Italy
Exports 71.9
78.3
75.2
19.5
19.4
6.8
6.3
6.4
Imports 77.0
100.2
91.0
23.9
22.5
7.7
7.6
7.2
Balance -5.1
-21.9
-15.8
-4.3
-3.1
-0.9
-1.3
-0.9
Canada
Exports 55.7
65.6
70.3
17.0
17.3
5.8
5.7
5.8
Imports 52.2
58.4
64.1
14.0
13.5
4.8
4.5
4.2
Balance 3.5
7.3
6.1
2.9
3.7
1.0
1.2
1.6
a Imports are customs values.
b German imports are c.i.f.
I
II
Feb
Mar Apr
May
Jun
Jul
United States b
1.4
3.7
4.5
1.2
Japan
-8.8
-10.7
4.2
-0.9
2.4
0
0.9
0.5
0.1
1.7
West Germany
-6.2
-16.5
-7.2
-0.8
0.6
-0.1
0.8
0.2
0.4
0
-0.7
France
1.2
-7.8
-6.9
-2.0
United Kingdom
-3.7
7.4
NA
1.0
1.0
0.5
0.6
0.7
0.1
0.3
0.5
Italy
1.1
-9.3
-7.3
-4.2
-1.6
-1.8
-0.7
Canada
-4.2
-1.7
-4.4
0.2
a Converted to US dollars at current market rates of exchange.
b Seasonally adjusted.
All data is quarterly except for Japan and West Germany.
Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
 Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
Export Prices in US $
I
II
Feb
Mar
Apr
May
Jun
Jul
United States
16.0
10.6
9.2
3.5
5.4
1.8
-2.3
-1.6
Japan
4.6
7.6
5.7
-12.3
-6.9
-41.1
-15.7
31.8
27.4
-66.7
West Germany
14.6
7.2
-15.2
-12.0
-3.5
-29.4
-1.8
-7.8
54.8
-43.3
France
16.1
11.7
-12.0
-6.0
-21.2
-25.4
-9.4
111.3
United Kingdom
0
1.9
NA
-1.3
-12.6
-21.0
-21.6
-24.3
35.5
-22.7
-10.9
Italy
20.2
17.4
-7.8
-9.6
-36.2
-11.8
-14.4
Canada
17.8
17.4
3.9
0.2
-52.8
-28.0
-24.5
-9.8
Import Prices in US $
United States
17.3
27.3
5.4
Japan
23.6
36.9
3.4
West Germany
22.3
15.6
-8.3
France
16.9
19.3
-7.8
United Kingdom
-0.4
3.4
Italy
21.2
26.1
1.1
Canada
11.3
16.8
8.4
I
II
Feb
Mar
Apr
May
Jun
Jul
1.2
2.0
-18.3
6.5
-8.0
-12.0
-14.9
-11.0
-12.5
-1.8
-13.7
-52.3
-21.6
-8.5
-32.4
-8.5
-10.0
35.3
-40.6
-13.6
-58.3
-32.4
0.3
12.2
-5.7
-12.5
-15.4
-26.6
-22.3
40.4
-28.3
0.3
-17.2
-27.5
-37.8
-15.8
4.0
9.6
-37.6
-24.0
-7.3
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 Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
Exchange Rate Trends
United States
-1.6
-0.4
10.5
14.4
16.0
18.2
39.6
22.9 -15.9
-18.7
75.7
Japan
-5.5
-4.2
9.3
-6.9
-9.4
-21.0
-32.2
-14.0 -11.8
35.3
-35.1
West Germany
3.9
0.2
-2.1
1.1
11.5
-0.4
-3.1
23.1 11.9
11.9
3.5
France
0
0.5
-5.1
-5.0
-3.4
-6.1
-3.5
3.0 -0.7
10.4
-38.9
United Kingdom
5.6
9.8
2.5
9.7
-1.1
5.4
7.2
-3.0 -8.9
-2.5
24.6
Italy
-4.3
-4.1
-9.2
-3.8
-4.1
-3.6
-3.3
-3.6 -9.7
2.4
-0.9
Canada
-3.4
-0.1
-0.3
-2.1
-7.7
26.8
-12.3
-0.4 0.3
-15.0
-23.0
Dollar Cost of Foreign
Currency
Japan
,-4.1
-3.5
2.7
-17.7
-19.4
-37.3
-73.1
-35.8 -16.1
. 29.8
-101.3
-10.3
West Germany
8.7
0.8
-24.6
-19.3
-6.1
-21.8
-46.1
-6.3 -10.9
34.7
-77.4
-19.4
France
5.7
0.7
-28.7
-26.8
-21.0
-27.3
-47.9
-28.6 -22.1
34.4
-187.0
-61.1
United Kingdom
10.5
9.6
-13.2
-7.4
-13.9
-10.4
-22.7
-23.7 -20.5
27.6
-28.7
-13.8
Italy
2.1
-3.1
-32.8
-24.0
-20.3
-23.5
-45.5
-29.8 -29.5
28.5
-93.5
-22.5
Canada
-2.7
0.2
-2.5
-6.0
-12.3
-8.1
-24.8
-5.7 -5.4
-8.3
-48.3
4.8
United States
9O day certificates of
deposit, secondary market
11.40
13.29
16.24
14.52
14.30
13.84
15.22
14.50
14.75
14.02
14.13
Japan
loans and discounts
(2 months)
6.29
8.32
7.79
7.46
7.34
West Germany
interbank loans
(3 months)
6.74
9.66
12.19
10.16
9.24
10.40
10.26
9.83
9.34
9.15
France
interbank money market
(3 months)
9.68
12.39
15.47
15.06
16.41
15.19
14.65
15.34
16.52
16.30
United Kingdom
sterling interbank loans
(3 months)
13.73
16.72
13.85
14.31
13.55
15.02
14.37
13.53
13.75
13.36
Italy
Milan interbank loans
(3 months)
12.33
17.71
20.13
21.32
20.79
21.50
21.47
20.98
20.88
20.70
Canada
finance paper (3 months)
11.88
12.93
18.46
15.34
15.12
15.17
15.71
15.88
15.76
Eurodollars
3-month deposits
11.97
14.23
16.87
15.11
14.95
14.59
15.72
15.03
15.32
14.66
14.87
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Agricultural Prices
1979
1980
1981
1981
1982
1982
III
IV
I
II
Apr
May
Jun
Jul
Australia
(Boneless beef,
to. b., US Ports)
United States
(Wholesale steer beef,
midwest markets)
101.1
104.3
100.0
104.9
95.0
100.6
112.3
108.6
116.0
112.3
104.3
Cocoa
(? per pound)
144.3
113.5
89.8
95.2
91.6
89.7
71.6
75.2
73.3
66.2
66.1
Coffee
(S per pound)
1.72
1.54
1.28
1.26
1.41
1.48
1.40
1.41
1.37
1.41
1.34
Corn
(Central Illinois No. 2 yellow,
S per bushel)
Cotton
(Memphis middling
I 1/ 16 inch, $ per pound)
0.6328
0.8219
0.7243
0.6738
0.5771
0.5968
0.6249
0.6318
0.6295
0.6134
0.6502
Palm Oil
(United Kingdom 5% bulk,
c.i.f., $ per metric ton)
653.84
583.08
570.67
546.67
498.67
512.3
505
509.0
511
494
NA
Rice
(New Orleans
No. 2, milled f.o.b.,
S per metric ton)
381
496
565
584
465
382
357
348
364
359
NA
Soybeans
(Central Illinois No. 1 yellow,
S per bushel)
7.07
6.95
6.98
6.81
6.27
6.19
6.25
6.26
6.38
6.11
6.05
Soybean Oil
(S per pound)
0.2768
0.2375
0.2129
0.2098
0.1945
0.1838
0.1984
0.1966
0.2054
0.1934
0.1903
Sugar
(World raw London,
bulk ? per pound)
9.57
28.63
16.88
14.26
12.29
12.44
8.19
9.54
8.15
6.89
7.77
Wheat
(Kansas City No. 2 hard
winter, S per bushel)
3.97
4.33
4.36
4.18
4.37
4.27
4.18
4.28
4.21
4.05
3.74
Foodlndexa
188
232
203
196
182
183
172
176
173
166
161
(1975-100)
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.
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Aluminum
(major US producer,
0 per pound)
60.1
71.6
77.3
76.5
Chrome Ore
(South Africa chemical
grade, $ per metric ton)
56.0
55.0
53.0
53.0
Coppers
(bar, 0 per pound)
89.8
98.68
79.01
73.0
Gold
(S per troy ounce)
306.8
612.1
460.0
384.1
Lead a
(0 per pound)
54.3
41.1
32.9
29.4
Manganese Ore
(48% Mn, $ per long ton)
67.2
78.5
82.1
81.8
Nickel
(composite US producer,
S per pound)
2.7
3.5
3.5
3.2
Platinum
(major producer,
$ per troy ounce)
Synthetic b
41.1
40.6
47.5
42.9
45.8
45.9
48.1
45.8
47.0
NA
Natural c
64.6
73.8
56.8
48.3
47.1
47.1
46.0
46.0
46.3
46.8
Silver
(S per troy ounce)
11.05
20.7
10.53
8.00
8.30
7.24
7.29
6.68
5.61
6.44
Steel Scrap d
(S per long ton)
99.4
91.2
92.0
84.3
Tina
(0 per pound)
698.8
761.3
641.4
731.1
Tungsten Ore
(contained metal,
$ per metric ton)
17,504
18,219
18,097
16,015
US Steel
(composite,
$ per long ton)
Zinc a
(0 per pound)
33.4
34.4
38.4
37.1
Lumber Index a
(1975-100)
188
167
159
140
Industrial
Materials Index I
171
184
166
155
(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 2007/08/15: CIA-RDP83-00452R000200420002-2
World Crude Oil Production
Excluding Natural Gas Liquids
World
59,656
60,119.
62,599
59,445
55,710
Non-Communist
Countries
46,660
46,434
48,636
45,206
41,477 ?
40,158
39,437
37,769
Developed countries
11,346
12,196
12,757
12,859
12,879
12,829
13,233
13,046
United States
8,245.
8,707
8,533
8,595
8,568
8,585
8,727
8,688
8,687
8,688
Canada
1,320.
1,313
1,496
1,424
1,285
1,061
1,247
1,159
United Kingdom
768
1,082
1,568
1,622
1,811
1,911
1,953
2,002
2,112
2,083
Norway
280
356
403
528
501
554
542
548
579
504
Other
733
738
757
690
714
718
764
649
Non-OPEC LDCs
4,089
4,431
4,951
5,457
5,931
6,043
6,352
6,310
Mexico
981
1,209
1,461
1,937
2,312
2,314
2,552
2,544
2,780
2,713
Egypt
415
485
525
595
598
640
635
610
Other
2,693
2,737
2,965
2,925
3,021
3,089
3,165
3,156
OPEC
31,225
29,807
30,928
26,890
22,667
21,286
19,852
18,413
16,727
17,079
Algeria
1,100
1,161
1,154
1,012
805
800
700
600
600
620
Ecuador
183
202
214
204
211
200
210
200
200
200
Gabon
222
209
203
175
151
140
140
140
150
150
Indonesia
1,686
1,635
1,591
1,577
1,604
1,492
1,450
1,400
1,244
1,240
Iran
5;663
5.,242
3,168
1,662
1,380
1,100
1,200
1,800
1,800
2,500
Iraq
2,348
2,562
3,477
2,514
1,000
1,500
1,400
1,300
900
750
Kuwait b
1,784
1,894
2,213
1,387
939
650
700
600
550
600
Libya
2,063
1,983
2,092
1,787
1,140
1,000
600
600
700
800
Neutral Zone c
.. 393
473
568
538
371
305
278
290
257
244
Nigeria
2,085
1,897
21302
2,055
1,430
1,763
1,394
944
888
1,309
Qatar
445
487
508
472
405
403
375
302
232
322
Saudi Arabia b
9,017
. 8,066
9,251
9,631
9,629
8,500
8,300
7,000
6,500
5,750
UAE
1,998
1,830
1,831
1,709
1,501
1,448
1,375
1,367
1,216
1,116
Abu Dhabi
1,651
1,446
1,463
1,350
1,132
1,065
1,000
1,000
850
750
Dubai
319
362
354
349
359
374
370
360
360
360
Sharjah
28
22
14
10
10
9
5
7
6
6
Venezuela
2,238
2,166
2,356
2,167
2,101
1,985
1,730
1,870
1,490
1,478
Communist countries
12,996
13,685
13,963
14,239
14,233
USSR
10,650
11,150
11,400
11,700
11,800
China
1,874
2,082
2,122
2,114
2,024
Other
472
453
441
425
409
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 2007/08/15: CIA-RDP83-00452R000200420002-2
United States a
18,847
18,513
17,006
16,058
Japan
5,115
5,171
4,674
4,444
West Germany
2,596
2,664
2,356
2,220
France
2,077
2,107
1,965
1,744
United Kingdom
1,683
1,690
1,422
1,325
Italy b
1,551
1,620
1,602
1,705
Canada
1,701
1,765
1,730
1,617
Jan
Feb
Mar
Apr
May
Jun
Jul
15,890
15,941
15,060
16,048
14,845
14,655
14,694
4,644
5,272
4,642
4,013
3,515
2,009
2,316
2,423
2,222
1,742
1,768
1,817
1,941
1,730
1,582
1,473
1,397
1,467
1,561
1,342
1,206
1,801
1,795
1,807
1,560
1,510
1,521
1,535
1,718
1,497
1,374
1,318
a Including bunkers, refinery fuel, and losses.
b Principal products only.
United States
6,356
6,519
5,220
4,406
Japan
4,662
4,846
4,373
3,919
West Germany
1,913
2,147
1,953
1,591
France
2,302
2,520
2,182
1,804
United Kingdom
1,318
1,157
893
736
Italy
2,212
2,292
1,860
1,816
Canada
621
616
557
521
Jan
Feb
Mar
Apr
May
Jun
3,648
2,949
2,856
2,813
3,314
3,779
4,094
4,499
4,289
3,872
3,453
1,528
1,432
1,279
1,459
1,544
1,947
1,791
1,627
1,500
1,222
787
709
532
577
625
1,828
1,711
403
496
362
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 Approved For Release 2007/08/15: CIA-RDP83-00452R000200420002-2
Berri
39? API 1.16% sulfur
12.85
13.22
19.33
30.19
34.04
35.40
35.40
35.06
34.52
34.52
34.52
Light
340 API 1.70% sulfur
12.40
12.70
17.26
28.67
32.50
34.00
34.00
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
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
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
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
28.30
28.30
Iraq ?
35? API 1.95% sulfur
Nigeria
34? API 0.16% sulfur
14.45
14.07
20.86
35.50
38.48
36.47
36.47
36.06
35.42
35.52
35.52
UAE
39? API 0.75% sulfur
12.88
13.26
19.81
31.57
36.42
35.50
35.50
35.14
34.56
34.56
34.56
Kuwait
310 API 2.50% sulfur
12.37
12.26
18.48
29.84
35.08
32.30
32.30
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
35.50
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
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
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
35.50
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
34.49
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
34.00
34.00
Ecuador
280 API 0.93% sulfur
12.90
12.33
22.41
34.42
34.50
33.35
33.35
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.
? 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 2007/08/15: CIA-RDP83-00452R000200420002-2
OPEC: Average Crude Oil Official Sales Price
18.67
11.29 11.02 11.17 12.88 12.93
3.39
1973 74 75 76 77 78 79 80 81
Annual Average
34.84 .M 34.06 34'48 34.29 34.13 33.72
? 33.45 33.28 33.42
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