(UNTITLED)

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Collection: 
Document Number (FOIA) /ESDN (CREST): 
CIA-RDP97-00770R000100040001-8
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RIFPUB
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K
Document Page Count: 
15
Document Creation Date: 
January 12, 2017
Document Release Date: 
June 14, 2011
Sequence Number: 
1
Case Number: 
Publication Date: 
January 17, 1986
Content Type: 
REPORT
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Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Directorate of Intelligence Economic & Energy Indicators 17 January 1986 DI EEI 86-002 17 January 1986 ,i1 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Il V Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 This publication is prepared for the use of US Government officials, and the format, coverage, and content are designed to meet their specific requirements. US Government officials may obtain additional copies of this document directly or through liaison channels from the Central Intelligence Agency. Requesters outside the US Government may obtain subscriptions to CIA publications similar to this one by addressing inquiries to: Document Expediting (DOCEX) Project Exchange and Gift Division Library of Congress Washington, D.C. 20540 or: National Technical Information Service 5285 Port Royal Road Springfield, VA 22161 Requesters outside the US Government not interested in subscription service may purchase specific publications either in paper copy or microform from: Photoduplication Service Library of Congress Washington, D.C. 20540 or: National Technical Information Service 5285 Port Royal Road Springfield, VA 22161 (To expedite service call the NTIS Order Desk (703) 487-4650 Comments and queries on this paper may be directed to the DOCEX Project at the above address or by phone (202-287-9527), or the NTIS Office of Customer Services at the above address or by phone (703-487-4660). Publications are not available to the public from the Central Intelligence Agency. Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-00770R000100040001-8 Economic & Energy Indicators OPEC: Crude Oil Official Sales Price 10 OPEC: Average Crude Oil Official Sales Price (Chart) 11 Energy 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 World Crude Oil Production, Excluding Natural Gas Liquids 8 Big Seven: Inland Oil Consumption Big Seven: Crude Oil Imports Approved For Release 2011/06/14: CIA-RDP97-00770R000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Percent change from previous period seasonally adjusted at an annual rate 1st Qtr 2d Qtr 3d Qtr Sep Oct Nov United States 2.6 -7.2 5.9 11.6 2.1 1.3 1.9 -1.9 -3.8 4,9 Japan 1.0 0.4 3.5 11.1 -2.6 11.2 -0.4 -12.9 12.5 -11.1 West Germany -2.3 -3.2 0.3 2.4 -2.5 12.5 0.7 20.8 11.0 France -2.6 -1.5 1.1 2.3 -3.0 4.1 7.3 -16.4 9.4 United Kingdom -3.9 2.1 3.9 1.2 10.0 8.6 -1.6 22.1 -3.3 -3.1 -3.2 3.1 7.4 1.1 -2.5 29.8 -37.0 -10.0 5.3 8.8 0.7 4.5 11.4 1.6 8.4 Percent change from previous period seasonally adjusted at an annual rate 1st Qtr 2d Qtr 3d Qtr United States 2.5 -2.1 3.4 6.6 3.7 3.1 _ 3.2 5.0 1.7 5.8 2.6 9.2 -- 2.3 0.8 6.7 United States 10.3 6.2 3.2 4.3 Japan _ 4.9 2.6 1.8 West Germany 6.0 5.3 3.3 United Kingdom 11.9 8.6 4.6 5.0 Italy 19.3 16.4 14.9 10.6 Canada 12.5 10.8 5.8 4.3 Percent change from previous period seasonally adjusted at an annual rate 1st Qtr 2d Qtr 3d Qtr 4th Qtr Nov Dec 3.3 4.2 2.4 2.5 -0.7 7.6 1.1 2.3 1.5 3.1 4.2 4.5 7.1 9.1 3.0 4.3 10.1 10.2 7.3 6.7 6.6 13.7 5.4 3.8 3.4 3.9 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Money Supply, M-1 a Percent change from previous period seasonally adjusted at an annual rate United States b 7.1 6.6 11.2 6.9 3.7 7.1 3.0 2.9 1.1 3.6 10.3 3.3 United Kingdom NA NA 13.0 14.7 Italy 11.2 11.6 15.2 12.0 Canada 3.8 0.7 10.2 3.3 a Based on amounts in national currency units. b Including M1-A and MI-B. Unemployment Rate a 1st Qtr 2d Qtr 3d Qtr Sep Oct Nov 10.9 10.6 16.0 12.6 -1.6 14.2 10.0 -0.2 2.5 5.2 -15.4 -14.0 1.4 -0.4 8.1 32.5 15.3 -11.2 1.2 32.4 15.4 0.9 32.8 34.1 18.0 -0.1 11.5 21.8 3.2 4.2 12.9 21.3 21.4 15.5 Ist Qtr 2d Qtr 3d Qtr 4th Qtr Nov Dec United States 7.5 9.6 9.4 7.4 7.2 7.2 7.0 6.9 6.9 6.8 Japan 2.2 2.4 2.7 2.7 2.5 2.5 2.6 2.9 West Germany 5.6 7.7 9.2 9.1 9.2 9.4 9.4 9.2 9.2 9.1 France 7.6 8.4 8.6 9.6 10.1 9.9 10.3 10.5 10.5 10.5 United Kingdom 10.0 11.6 12.4 12.6 12.9 13.1 13.2 13.2 13.1 13.2 Italy 8.4 9.1 9.9 10.4 10.8 10.2 Canada 7.5 11.1 11.8 11.3 11.1 10.6 10.3 10.2 10.2 10.0 a Unemployment rates for France are estimated. Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 United States b Exports 233.5 212.3 200.7 217.6 55.7 52.6 52.6 17.4 18.0 Imports 261.0 244.0 258.2 325.6 84.4 86.4 84.5 27.6 30.3 Balance -27.5 -31.6 -57.5 -108.0 -28.7 -33.8 -31.9 -10.2 -12.3 Japan Exports 149.6 138.2 145.5 168.1 40.5 42.6 43.6 15.6 15.9 Imports 129.5 119.6 114.0 124.1 28.9 29.5 29.4 10.5 9.8 Balance 20.1 18.6 31.4 44.0 11.6 13.1 14.2 5.1 6.1 West Germany Exports 175.4 176.4 169.5 171.8 41.0 43.6 48.6 16.7 16.4 Imports c 163.4 155.3 152.9 153.1 36.5 37.1 41.7 14.5 14.1 Balance 11.9 21.1 16.6 18.8 4.6 6.5 6.9 2.3 2.3 France Exports 106.3 96.4 95.1 97.5 22.5 24.4 26.1 9.7 9.5 Imports 115.6 110.5 101.0 100.3 23.6 24.7 26.8 9.6 9.6 Balance -9.3 -14.0 -5.9 -2.8 -1.1 -0.4 -0.7 0.1 -0.1 United Kingdom Exports 102.5 97.1 92.1 93.7 22.7 25.4 25.5 9.0 9.1 Imports 94.6 93.1 93.7 99.1 24.1 25.7 26.2 9.0 9.3 Balance 7.9 4.0 -1.6 -5.3 -1.4 -0.3 -0.7 0 -0.2 Italy Exports 75.4 73.9 72.7 73.5 17.7 18.3 20.4 7.3 Imports 91.2 86.7 80.6 84.3 21.6 21.9 21.2 7.9 Balance -15.9 -12.8 -7.9 -10.8 -3.8 -3.6 -0.8 -0.6 Canada Exports 70.5 68.5 73.7 86.5 22.0 21.8 21.7 8.0 Imports 64.4 54.1 59.3 70.6 17.9 18.5 19.4 6.3 Balance 6.1 14.4 14.4 15.9 4.1 3.4 2.3 1.6 a Seasonally adjusted. b Imports are customs values. c Imports are c.i.f. United States 6.3 -8.1 -46.0 -107.4 -24.2 -27.7 -30.5 Canada -5.0 2.1 1.4 1.9 0.5 0 -1.1 a Seasonally adjusted; converted to US dollars at current market rates of exchange. Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Export Prices in US $ United States 9.2 1.5 1.0 1.4 Japan West Germany -14.9 -2.8 -3.2 -7.1 France -12.0 -5.5 -4.8 -2.9 United Kingdom NA NA -6.2 -5.1 Italy -7.8 -3.0 -4.4 -5.2 3.9 -2.0 -1.3 -3.7 Import Prices in US $ Percent change from previous period at an annual rate 1.9 -2.5 -2.5 -6.4 -0.6 26.7 37.8 -18.4 125.3 23.6 29.2 35.1 __20.6 57.1 29.2 __17.0 47.5------16.6 21.6 19.2 -9.9 -7.0 6.9 -35.9 16.4 0.3 -19.0 -14.0 -16.2 -13.4 -0.2 Percent change from previous period at an annual rate 1st Qtr 2d Qtr 3d Qtr Sep Oct Nov United States -0.3 12.3 Japan 3.6 -7.4 -5.0 -2.8 -10.9 3.1-- 2.6 --1.4 38.5 West Germany -8.6 -4.7 -5.2 -4.8 -14.4 _ 19.6 __-20.8 78.8 17.7 France -7.8 -7.2 -7.0 -3.8 -12.0 15.7 17.5 ---17.5-- United Kingdom NA NA -5.7 -4.6 -15.4 46.1 16.4 -15.6 44.7 0.3 Italy 1.0 -5.3 -6.6 -3.7 -9.1 23.0 5.5 -28.9 Canada 8.7 -1.1 -3.3 -0.1 -4.5 -2.2 8.6 -29.9 5.7 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Exchange Rate Trends Percent change from previous period at an annual rate United States 10.5 10.6 5.8 9.1 26.0 -11.3 -14.9 Japan 9.3 -5.7 10.4 6.2 0.9 7.8 11.1 West Germany -2.1 7.0 5.8 1.0 -0.2 2.1 8.5 France -5.1 -6.1 -4.7 -2.1 0.9 4.8 9.9 United Kingdom 2.5 2.1 -5.0 -2.5 -10.5 39.9 16.7 -9.2 -5.1 -1.6 -3.1 -1.3 -10.5 -9.7 -2.1 -10.2 -4.0 2.7 -12.9 _ 4.6 0 -19.6 9.9 18.6 45.6 7.2 -24.6 -7.2-- -5.2 -11.5 -28.0 19.0 27.8 20.6 34.1 -28.7 -20.8 -15.9 -14.7 -26.7 19.6 28.0 21.1 29.5 United Kingdom -13.2 -13.4 __13.3 -11.9 -28.6 59.9 44.5 17.6 -32.8 -18.8 -12.3 -15.6 -30.3 9.5 15.6 19.0 2 6.2 -2.5 -2.9 0.1 -5.1 -10.5 -5.0 2.7 -8.7 - - --- -17.9 1st Qtr 2d Qtr 3d Qtr Oct Nov United States 90-day certificates of deposit, secondary market 8.76 8.04 7.90 7.99 7.90 Japan loans and discounts (2 months) 6.54 6.50 6.48 6.48 West Germany interbank loans (3 months) France interbank money market (3 months) 15.47 14.68 12.51 11.74 10.64 10.32 9.81 9.34 9.25 United Kingdom sterling interbank loans (3 months) Italy Milan interbank loans (3 months) 20.13 20.15 18.16 15.91 15.78 15.12 14.37 14.37 14.83 Canada finance paper (3 months) Eurodollars 3-month deposits 1 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 1 1. U ~, . ~ . ~.... ~ . ._... .-........ .. . . Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Agricultural Prices Bananas Fresh imported, (Total world, $ per metric ton) Beef (Q per pound) Australia (Boneless beef, f.o.b. US Ports) United States (Wholesale steer beef, 217 232 243 108.4 110.7 101.1 midwest markets) Cocoa (0 per pound) 89.8 74.3 92.1 106.2 - - - Coffee ($ per pound) 1.28 1.40 1.32 Corn 150 123 148 (US #3 yellow, c.i.f. Rotterdam, $ per metric ton) 481 514 514 Cotton 72.69 74.48 85.71 63.91 (World Cotton Prices, "A" index, c.i.f. Osaka, US 0/lb.) Palm Oil 571 445 502 730 (United Kingdom 5% bulk, c.i.f., $ per metric ton) US (No. 2, milled, 632 4% c.i.f. Rotterdam) Thai SWR (100% grade B c.i.f. Rotterdam) 1.44 150 1st Qtr 2d Qtr 3d Qtr 4th Qtr Nov Dec 110.4 111.6 110.9 NA 106.2 NA 100.2 93.3 93.6 99.2 100 101.3 - -- - - 99.2 96.4 - 98.4 - 100.8 - ---- 97.9- 102 -------- 1.44 1.42 1.33 1_57 175 133 133 118 117 118 123 62.27 - 605 606 417 369 362 390 496 496 481 465 470 450 254 243 236 263 245 290 240 159 2.96 4.21 5.30 5.53 5.37 126.9 82.8 72.3 78.1 80.2 75.5 177 169 154 175 177 180 79.1 76.5 83.9 83.4 90.2 362 339 310 Soybeans 288 244 282 283 (US #2 yellow, c.i.f. Rotterdam, $ per metric ton) Soybean Oil (Dutch, f.o.b. ex-mill, $ per metric ton) Soybean Meal 252 219 238 1 (US, c.i.f. Rotterdam $ per metric ton) Sugar (World raw cane, f.o.b. Caribbean Ports, spot prices Q per pound) ---- Tea 91.0 89.9 105.2 Average Auction (London) (0 per pound) Wheat 210 187 183 (US #2. DNS c.i.f. Rotterdam, $ per metric ton) 156.6 182 a The food index is compiled by The Economist for 14 food commodities which enter international trade. Commodities are weighted by 3- year moving averages of imports into industrialized countries. 97 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Chrome Ore (South Africa chemical grade, $ per metric ton) Copper a (bar, 0 per pound) 79.0 67.1 72.0 62.4 62.1 67.6 64.5 62.7 62.0 63.1 Gold ($ per troy ounce) 460.0 375.5 424.4 360.0 300.0 319.8 323.2 326 326 325 Lead a (0 per pound) 32.9 24.7 19.3 20.0 17.2 17.3 18.3 17.8 17.9 17.8 Manganese Ore (48% Mn, $ per long ton) 82.1 79.9 73.3 69.8 69.6 68.4 68.4 67.2 _ 67.2 67.2 Cathode major producer 3.5 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.2 3.2 LME Cash 2.7 2.2 2.1 2.2 2.2 2.5 2.2 1.9 1.8 1.9 Major producer 475.0 475.0 475.0 475.0 475.0 475.0 475.0 475 475 475 Metals week, New York dealers' price 446.0 326.7 422.6 358.2 269.3 275.4 294.0 325.7 314.3 340.3 47.5 45.7 44.0 44.4 46.6 45.7 42.4 NA 40.2 NA Natural c 56.8 45.4 56.2 49.6 42.0 41.5 42.4 41.8 42.2 40.3 Silver ($ per troy ounce) 10.5 7.9 11.4 8.1 5.9 6.3 6.1 6.1 83.7 71.9 72.7 Tina (0 per pound) 641.4 581.6 590.9 556.6 501.1 541.3 571.0 NA NA NA Tungsten Ore (contained metal, $ per metric ton) 18,097 13,426 10,177 10,243 11,515 10,974 10,648 9,488 9,659 8,866 US Steel (finished steel, composite, $ per long ton) 543.5 567.3 590.2 611.61 617.83 617.83 617.84 NA 617.84 NA Zinc a (0 per pound) 38.4 33.7 34.7 41.5 40.0 39.5 33.4 28.7 26.3 30.4 Lumber Index a 95 84 114 105 100 107 103 NA NA NA (1980=100) Industrial Materials Index r 84.7 71.2 82.2 75.9 (1980= 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. Quoted on New York market. a Average of No. I 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 11 types of lumber whose prices are regarded as bellwethers of US lumber construction costs. The industrial materials index is compiled by The Economist for 18 raw materials which enter international trade. Commodities are weighted by 3-year moving averages of imports into industrialized countries. Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 World Crude Oil Production Excluding Natural Gas Liquids World 59,793 56,217 53,514 53,098 54,187 53,462 52,380 52,343 53,182 54,578 Non-Communist countries 45,243 41,602 38,810 38,228 39,257 38,672 37,610 37,588 38,373 39,727 Developed countries 12,859 12,886 13,276 13,864 14,302 14,704 14,617 14,643 14,905 14,845 United States 8,597 8,572 8,658 8,680 8,735 8,871 8,972 8,954 8,978 8,961 Canada 1,424 1,285 1,270 1,356 1,411 1,463 1,445 1,444 1,450 1,450 United Kingdom 1,619 1,811 2,094 2,299 2,535 2,660 2,471 2,399 2,600 2,560 Norway 528 501 518 614 700 719 728 823 840 862 Other 691 717 736 915 921 991 1,001 1,023 1,037 1,012 Non-OPEC LDCs 5,443 6,036 6,633 6,823 7,515 7,733 7,802 7,922 8,023 7,962 Mexico 1,936 2,321 2,746 2,666 2,746 2,711 2,724 2,738 2,800 2,800 Egypt 595 598 665 689 827 877 875 890 875 847 Other 2,912 3,117 3,222 3,468 3,942 4,145 4,203 4,294 4,348 4,315 OPEC 26,941 22,680 18,901 17,541 17,440 16,235 15,191 15,023 15,445 16,920 Algeria 1,020 803 701 699 638 660 634 616 650 650 Ecuador 204 211 211 236 253 274 271 282 280 280 Gabon 175 151 154 157 152 150 150 153 160 160 Indonesia 1,576 1,604 1,324 1,385 1,466 1,152 1,167 1,203 1,070 1,05,0--. Iran 1,662 1,381 2,282 2,492 2,187 2,097 2,299 2,335 2,200 2,400 Iraq 2,514 993 972 922 1,203 1,255 1,340 1,482 1,600 1,700 Kuwaitb 1,389 947 663 881 912 914 800 800 800 _900 Libya 1,830 1,137 1,183 1,076 1,073 1,051 1,057 933 1,000 1,100 Neutral Zones 544 370 317 390 410 480 333 306 360 300 Nigeria 2,058 1,445 1,298 1,241 1,393 1,590 1,351 1,214 1,450 1,700 Qatar 471 405 328 295 399 292 297 312 295 300 Saudi Arabia b 9,631 9,625 6,327 4,867 4,444 3,659 2,731 2,564 2,800 3,600 UAE 1,702 1,500 1,248 1,119 1,097 1,123 1,120 1,193 1,225 1,225 Venezuela 2,165 2,108 1,893 1,781 1,813 1,538 1,641 1,630 1,555 1,555 Communist countries 14,550 14,615 14,704 14,870 14,930 14,790 14,770 14,755 14,809 14,851 USSR 12,030 12,180 12,250 12,330 12,230 11,920 11,870 11,866 11,920 11,962 China 2,113 2,024 2,044 2,120 2,280 2,450 2,480 2,474 2,474 2,474 Other 407 411 410 420 420 420 420 415 415 415 ? Preliminary. b Excluding Neutral Zone production, which is shown separately. c Production is shared equally between Saudi Arabia and Kuwait. Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Big Seven: Inland Oil Consumption United States 16,058 15,296 15,184 15,708 Japan 4,444 4,204 4,193 4,349 West Germany 2,120 2,024 2,009 2,012 France 1,744 1,632 1,594 1,531 United Kingdom 1,325 1,345 1,290 1,624 Italy b 1,705 1,618 1,594 1,513 Canada 1,617 1,454 1,354 1,348 1st Qtr 2d Qtr 3d Qtr Sep Oct Nov 15,807 15,452 15,562 15,115 14,859 15,865 4,710 3,577 3,830 3,768 3,860 1,993 2,034 2,242 2,013 2,230 1,757 1,342 1,310 1,449 1,564 1,571 1,881 1,208 1,226 1,286 1,715 1,276 1,416 1,550 1,554 1,644 1,327 1,292 1,367 1,339 Including bunkers, refinery fuel, and losses. b Principal products only prior to 1981. Big Seven: Crude Oil Imports United States 4,406 3,488 3,329 3,402 Japan 3,919 3,657 3,567 3,664 West Germany 1,591 1,451 1,307 1,335 France 1,804 1,596 1,429 1,395 United Kingdom 736 565 456 482 Italy_ --- 1,816 1,710 1,532 1,507 Canada 521 334 247 244 1st Qtr 2d Qtr 3d Qtr Sep Oct Nov 2,545 3,397 3,171 3,213 3,340 3,487 3,777 3,118 3,001 3,169 3,529------ 1,41 11,265 1,233 1,259 1,303 1,578 1,212 1,421 1,442 1,553 534 518 1,453 1,328 -- - 188 216 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 OPEC: Crude Oil Official Sales Price a OPEC average b 30.87 34.50 33.63 29.31 28.70 Algeria 10% sulfur 441 API 0 37.59 39.58 35.79 31.30 30.50 . Ecuador 281 API 0 93% sulfur 34.42 34.50 32.96 27.59 27.50 Gabon 31.09 34.83 34.00 29.82 29.00 Indonesia 09% sulfur 351 API 0 30.55 35.00 34.92 29.95 29.53 . Light 34? API 1.35% sulfur 34.54 36.60 31.05 28.61 28.00 Heavy 33.60 35.57 29.15 27.44 27.10 30.32 29.43 Kuwait 50% sulfur 31 ? API 2 29.84 35.08 32.30 27.68 27.30 . 30.40 Nigeria 34? API 0.16% sulfur 35.50 38.48 35.64 30.22 29.12 Qatar 401 API 1.17% sulfur 28.48 Berri 16% sulfur 39? API 1 30.19 34.04 34.68 29.96 29.52 . Light 70% sulfur 34? API 1 28.67 32.50 34.00 29.46 29.00 . Medium 40% sulfur 31 ? API 2 28.12 31.84 32.40 27.86 27.40 . UAE 31.57 36.42 34.74 30.38 29.56 Venezuela 26? API 1.52% sulfur 28.44 32.88 32.88 28.69 27.88 Ist Qtr 2d Qtr 3d Qtr 4th Qtr Nov Dec 28.25 28.11 28.13 28.15 28.15 28.15 30.15 29.50 29.50 29.50 29.50 29.50 26.82 26.50 26.15 26.15 28.35 28.00 28.00 28.00 28.00 28.00 28.88 28.53 28.53 28.53 28.53 28.53 28.38 28.05 28.05 28.05 28.05 28.05 27.41 27.35 27.35 27.35 27.35 27.35 28.78 28.43 28.43 28.43 28.43 28.43 27.30 27.30 27.30 27.30 27.30 27.30 30.40 30.40 30.40 30.40 30.40 30.40 28.24 28.37 28.37 28.37 28.37 28.37 28.10 28.10 28.10 28.10 28.10 28.10 28.48 28.11 28.11 28.11 28.11 28 .I 1 28.32 28.00 28.00 28.00 28.00 28.00 27.48 27.40 27.20 27.20 27.20 27.20 26.50 26.50 26.00 26.00 26.00 26.00 28.52 28.15 28.15 28.15 28.15 28.1 5 27.69 27.60 27.10 27.10 27.10 27.10 F.o.b. prices set by the government for direct sales and, in most cases, for the producing company buy-back oil. h Weighted by the volume of production. Beginning in 1981 the price of Kirkuk (Mediterranean) is used in calculating the OPEC average official sales price. Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-00770R000100040001-8 OPEC: Average Crude Oil Sales Price Approved For Release 2011/06/14: CIA-RDP97-00770R000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8 Approved For Release 2011/06/14: CIA-RDP97-0077OR000100040001-8