(UNTITLED)

• Document Type: CREST
• Collection: General CIA Records
• Document Number (FOIA) /ESDN (CREST): CIA-RDP97-00770R000100190001-2
• Release Decision: RIFPUB
• Original Classification: K
• Document Page Count: 15
• Document Creation Date: January 12, 2017
• Document Release Date: May 16, 2011
• Sequence Number: 1
• Publication Date: March 28, 1986
• Content Type: REPORT

Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
Directorate of
Intelligence
Economic & Energy
Indicators
DI EE/ 86-007
28 March 1986
Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
This publication is prepared for the use of US Government
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Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
Economic & Energy
Indicators
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
Big Seven: Inland Oil Consumption
Big Seven: Crude Oil Imports
OPEC: Crude Oil Official Sales Price
OPEC: Average Crude Oil Official Sales Price (Chart)
8
9
9
10
11
Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
Percent change front previous period
seasonally adjusted at an annual rate
United States
2.6
7.2
5.9
11.6
Year
-- - ---
2.2
3d Qtr
--- -
2.1
4th Qtr
1
8
Jan
1
9
Feb
7
.lapan
1.0
0.4
3.5
1.1
4.7
-0.4
.
-2.9
.
-10.3
-
.3
West Germany
-2.3
-3.2
0.3
2.4
4.6
0.4
2.4
France
-2.6
- 1.5
1 . 1
2.3
0.5
7.3
0
United Kingdom
-3.9
2.1
3.9
1.3
4.8
0.4
- 1.2
Italy
1.6
-3.1
-32
3.1
1.2
-2.5
-1.8
Canada
0.5
-10.0
5.3
8.8
4.3
9.4
5.5
Percent change from previous period
seasonally adjusted at an annual rate
United States
Japan
West Germany
France
United Kingdom
Italy
Canada
2.5
4.1
-0.2
0.2
1.4
0.2
3.3
- 2.1
3.1
-1.0
1.8
1.9
-0.5
-4.4
3.5
1-3-
1.5
0.7
3.3
-0.4
3.3
6.5
5.0
3.0
1.6
2.6
2.6-
5.0
Year
2.2
4.6
2.4
1.2
3.3
4.5
Ist Qtr
3.7
1.7
-3.3
-0.6
3.4
3.7
4.1
2d Qtr 3d Qtr 4th Qtr
1.1 3.0 0.7
5.8 3.0 7.2
6.8 6.8 -0.2
3.7 2.1 2.0
6.4 -0.7 2.2
3.3 0.8
3.2 7.0 5.4
Percent change from previous period
seasonally adjusted at an annual rate
United States
10.3
6.2
3.2
4.3
Year
3.5
3d Qtr
2.6
4th Qtr Jan Feb
4.3 4.1 -4
6
Japan
4.9
2.6
1.8
2.3
2.0
2.1
.
2.1 1.9 2
2
West Germany
6.0
5.3
3.3
2.4
2.2
0.2
.
0.9 -0.9 3
0
France
13.3
12.0
95
7.7
5.8
4.3
.
3.2 -0.2 26
United Kingdom
11.9
8.6
4 6
5.0
6.1
3.0
3.2 6.0 3
8
Italy
19.3
16.4
14.9
10.6
8.6
7.2
.
6.9 3.3 5
4
Canada
12.5
10.8
5.8
4.3
4.0
3.4
.
4.3 5.5 2.7
Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
Money Supply, M-1
United States
7.1
6.6
11.2
7.0
Japan
3.7
7.1
3.0
2.9
West Germany
1.1
3.6
10.3
3.3
France
12.2
13.9
10.0
7.8
United Kingdom
NA
NA
13.0
14.7
Itak
11.2
11.6
15.1
12.3
Canada
3.8
0.7
10.2
3.3
Based on amounts in national currency units.
i, Including MI-A and MI-B.
Unemployment Rate
Percent change from previous period
seasonal/, adjusted at an annual rate
Year
3d Qtr
4th Qtr
Jan
Feb
9.1
15.3
1 1.0
1.2
7.5
4.6
2.9
0
7.8
4.3
8.1
14.6
8.1
10.1
9.8
16.7
15.4
25.1
7.6
3.9
11.3
4.2
13.0
14.4
-7.6
3.2
Year
4th Qtr
Dec
Jan
Feb
United States
7.5
9.6
9.4
7.4
7.1
6.9
6.8
6.6
7.2
Japan
2.2
2.4
2.7
2.7
2.6
2.8
2.9
2.7
West Germany
5.6
7.7
9.2
9.1
9.3
9.1
9.1
9.0
9.2
France
7.6
8.4
8.6
9.6
9.9
9.7
9.8
10.2
10.4
United Kingdom
10.0
11.6
12.4
12.6
13.1
13.2
13.2
13.3
13.2
Italy
8.4
9.1
9.9
10.4
10.7
11.0
Canada
7.5
11.1
11.9
11.3
10.5
10.2
10.0
9.8
9.8
Unemployment rates for France are estimated.
Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
I nited States n
Exports
233.5
212.3
200.7
217.6
Year
213.3
2d Qtr
52.6
3d Qtr
52
6
4th Qtr
52
4
Jan
Feb
Imports
261.0
244.0
258.2
325.6
346.1
86.4
.
5
84
.
90
8
Balance
27.5
31.6
-57.5
-108.0
-132.8
-33.8
.
-31.9
.
-38.4
Japan
Exports
149.6
138.2
145.5
168.1
173.9
42.6
43.6
47
3
16
4
Imports
129.5
119.6
114.1
124.1
117.9
29.5
29.2
.
30
3
.
10
4
Balance
20.1
18.6
31.4
44.0
56.0
13.1
14.4
.
17.0
.
6.0
West Gcrmam
Export
175.4
176.4
169.5
1 71 .9
184.3
43.6
48.7
3
51
18
8
Imports
163.4
155.3
152.9
153.1
159.0
37.2
41.8
.
43
8
.
15
2
Balance
11.9
21.1
16.6
18.8
25.3
6.4
6.9
.
7.5
.
3.6
France
Exports
106.3
96.4
95.1
97.5
101.9
24.4
26.1
28
9
10
2
3
10
Imports
115.6
110.5
101.0
100.3
104.5
24.7
26.8
.
29
2
.
9
7
.
3
10
Balance
9.3
14.0
5.9
2.8
-2.5
-0.4
-0.7
.
03
.
0.5
.
0
t nited Kingdom
Exports
102.5
97.1
92.1
93.7
101.2
25.4
25.8
27
3
9
8
Imports
94.6
93.1
93.7
99.1
103.9
25.7
26.4
.
27
6
.
7
8
Balance
7.9
4.0
1.6
5.3
-2.7
0.3
0.6
.
0.3
.
0.2
Italy
Exports
75.4
73.9
72.8
73.5
78.9
18.3
20.3
22
5
7
1
Imports
91.2
86.7
80.6
84.3
90.7
21.9
21.3
.
26
0
.
8
9
Balance
15.9
12.8
7.9
-10.9
- 1 1.9
-- 3.7
1.0
.
3.5
.
1.8
Canada
[.xports
70.5
68.5
73.7
86.5
88.0
21.8
21.8
22
5
7
7
Imports
64.4
S4.1
59.3
70.6
75.7
18.6
19.6
.
19
6
.
6
9
Balance
6.1
14.4
14.4
15.9
12.3
3.2
2.2
.
2.9
.
0.8
Seasonally adjusted
.
Imports are Customs values.
Imports are c.i.f.
l nited States
6.3
8.1
46.0
107.4
Year
-1 17.7
3d Qtr
-29.3
4th Qtr
- 36.3
Nov
Dec
Jan
.Japan
4.8
6.9
20.8
35.0
49.3
13.1
16.1
4.5
6.8
1
9
West Gernwm
6.8
3.3
4.2
6.0
13.7
2.0
7.0
1.9
2.8
.
4
1
France
4.7
12.1
4.9
0.9
0.8
0
0.8
.
United Kingdom
15.3
8.5
4.5
1.6
4.6
1.7
1.6
0.3
0.8
6
1
Italy
-8.6
-5.7
0.6
-3.2
.
Canada
-5.0
2.1
1.4
1.9
-1.9
-1.1
-0.9
Seasonally adjusted; converted to US dollars at current market
rates of exchange.
Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
Export Prices in US $
9.2
1.5
1.0
1.4
Japan
5.5
-6.4
-2.4
0.2
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
Canada
3.9
-2.0
- 1.3
-3.7
Import Prices in US $
Percent change from previous period
at an annual rate
Year
-0.6
-0.9
0
2.5
2.6
-3.1
3d Qtr
-2.9
5.9
37.5
35.8
29.2
20.2
8.0
4th Qtr Jan Feb
-2.1
39.1
44.6
30.8
13.0 -10.6 16.7
Percent changefrom previous period
at an annual rate
Year
3d Qtr
4th Qtr Jan Feb
United States
5.3
-2.0
-3.7
1.7
-2.4
-0.I
3.1
Japan
3.6
-7.4
-5.0
--2.8
-4.3
2.6
3.0
West Germany
8.6
-4.7
5.2
-4.8
-1.5
19.6
27.2
6.5
4.6
France
7.8
-7.2
TO
-3.8
-0.3
18.9
38.4
United Kingdom
N. A
NA
-5.7
-4.6
0.5
16.4
9.0
-13.6
-2.0
Italy
1.0
-5.3
6.6
-3.7
7.3
Canada
8.7
-1.1
-3.3
-0.1
-1.3
9.3
4.2
Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
Exchange Rate Trends
Percent change Iron, previous period
at an annual rate
1981
1982
1983
1984
1985
Trade-Weighted
United States
Japan
West Germany
France
United Kingdom
Italy
Canada
Dollar Cost of Foreign Currency
Japan
10.5
9.3
-2.1
-5.1
2.5
--9.2
0.3
10.6
=5.7
7.0
--6.1
-2.1
-5.1
0.2
5.8
10.4
5.8
-4.7
-5.0
-1.6
2.3
9.1
6.2
1.0
-2.1
--
-2.5
-3.1
-2.3
- -- -- ---
I4.9
I 1.1
8.5
9.9
--
16.7
-9.7
4.0
18
6
42
9
14
1
West Germany
France
United Kingdom
Italy
Canada
--24.6
-28.7
-13.2
-32.8
-2.5
-7.2
20.8
-13.4
-18.8
-2.9
-5.2
-15.9
-13.3
-12.3
0.1
-1-1.5-
-14.7
-11.9
-15.6
-5.1
- 3.3
-2.7
-3.0
-8.6
-5.4
.
27.8
28.0
44.5
15.6
2.7
.
32.1
31.6
17.8
26.3
-6.0
.
27.4
26.3
-12.8
29.6
- -8.8
61.4
41.0
41.0
-0.3
40.9
1.1
so
Year
2d Qtr
3d Qtr
4th Qtr
Jan
United States
90-day certificates of
deposit, secondary market
Japan
loans and discounts
(2 months)
West Germany
interbank loans
(3 months)
France
interbank money market
(3 months)
United Kingdom
sterling interbank loans
(3 months)
Italy
Milan interbank loans
(3 months)
Canada
finance paper (3 months)
7.79
12.19
15.47
13.85
20.13
18.46
7.23
8.82
14.68
12.24
20.15
14.48
NA
5.78
12.51
10.12
18.16
9.53
6.66
5.96
11.74
9.91
15.91
11.30
8.16
6.52
5.40
9.97
12.21
14.95
9.71
8.04
6.54
5.80
10.32
12.61
15.12
9.87
7.90
6.50
4.86
9.81
11.67
14.37
9.32
7.93
6.48
4.81
9.10
11.60
14.52
9.10
7.95
6.46
4.63
9.65
12.05
14.79
\A
Eurodollars
3-month deposits
Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
Agricultural Prices
Bananas
Fresh imported,
(Total world, S per metric ton)
Beef (c per pound)
Australia
(Boneless beef,
Lo.b. US Ports)
United States
(Wholesale steer beef,
midwest markets)
Cocoa (c per pound)
Coffee ($ per pound)
Corn
(US #3 yellow,
c.i.f. Rotterdam, $ per metric ton)
Cotton
(World Cotton Prices, "A"
index, c.i.f. Osaka, US c/lb.)
Palm Oil
(United Kingdom 5`7r bulk,
c.i.f., $ per metric ton)
Rice ($ per metric ton)
US (No. 2, milled,
4`77 c.i.f. Rotterdam)
Thai SWR
(1007 grade B
c.i.f. Rotterdam)
Soybeans
(US #2 yellow,
c.i.f. Rotterdam, S per metric ton)
Soybean Oil
(Dutch, f.o.b. ex-mill,
$ per metric ton)
Soybean Meal
(US, c.i.f. Rotterdam
$ per metric ton)
Sugar
(World raw cane, f.o.b.
Caribbean Ports, spot prices f per pound)
Tea
Average Auction (London)
(c per pound)
Wheat
(US -tt2. DNS
c.i.f. Rotterdam, $ per metric ton)
Food Index (1980=100)
214.0
217.0
232.0
243.0
Year
110.3
3d Qtr
110.9
4th Qtr
108.1
Jan
109.4
Feb
NA
112.1
108.4
110.7
101.1
96.6
93.6
99.3
98.5
97.7
100.0
101.4
97.6
100.9
90.7
80.4
96.1
92.3
87.0
89.8
74.3
92.1
106.2
98.7
98.4
100.8
100.6
95.5
1.28
1.40
1.3 2
1.44
1.43
1.33
1.52
2.04
1.94
150
123
148
150
125
118
117
119
115
72.69
74.48
85.71
63.91
57.87
56.76
48.68
52.13
54.66
571
445
502
730
501
417
369
342
283
632
481
514
514
484
481
465
450
455
573
362
339
310
249
236
263
238
237
288
244
282
283
225
213
208
218
217
507
447
527
727
571
518
454
457
395
252
219
238
197
157
152
174
186
186
16.93
8.42
8.49
5.18
4.04
4.21
5.30
4.87
5.55
91.0
89.9
105.2
156.6
90.0
72.3
78.1
82.1
85.7
210
187
183
182
169
154
175
175
175
88
78
86
92
81
76
84
95
93
The food index is compiled by The Economist for 14 food commodities which enter international trade. Commodities are weighted by 3-
vear moving averages of imports into industrialized countries.
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 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
Aluminum (c per pound)
Major US producer
77.3
76.0
77.7
81.0
81.0
81.0
81.0
81.0
81.0
LME cash
57.4
44.9
65.1
56.8
47.2
45.6
44.6
50.6
50.6
Chrome Ore
53.0
50.9
50.0
50.0
43.9
41.0
40.0
40
0
40
0
(South Africa chemical
grade, $ per metric ton)
Copper., (bar, c per pound)
79.0
67.1
72.0
64.2
64.5
62.6
64.2
.
64.2
.
63.8
Gold ($ per troy ounce)
460.0
375.5
424.4
360.0
317.2
323.2
326.0
343.1
338.9
Lead , (c per pound)
32.9
24.7
19.3
20.0
17.7
18.3
17.8
16.7
16.7
Manganese Ore
1
82.1
79.9
73.3
69.8
68.4
68.4
67.2
67
2
67
2
(48
7 Mn, $ per long ton)
Nickel ($ per pound)
Cathode major producer
3.5
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
2.2
1.9
1.8
1.8
Platinum ($ per troy ounce)
Major producer
-
475.0
475.0
475.0
475.0
475.0
475.0
475.0
475.0
475
0
Metals week,
'
446.0
326.7
422.6
358.2
291.0
294.0
325.5
362
6
.
373
8
New York dealers
price
Rubber (c per pound)
Synthetic h
47.5
45.7
44.0
44.4
44.1
42.4
41.7
.
43.9
.
NA
Natural c
56.8
45.4
56.2
49.6
42.0
42.4
41.8
40.7
42.5
Siher ($ per troy ounce)
10.5
7.9
11.4
8.1
6.1
6.1
6.1
6.0
5,9
Steel Scrap d ($ per long ton)
92.0
63.1
73.2
86.4
74.4
72.7
69.2
73.2
75.0
Tin (c per pound)
641.4
581.6
590.9
556.6
543.2
571.0
559.4
tiA
NA
Tungsten Ore
18,097
13,426
10,177
10.243
10,656
10,648
9
488
8
588
8
745
(contained metal,
$ per metric ton)
US Steel
(finished steel, composite,
$ per long ton)
Zinc ~(c per pound)
38.4
33.7
34.7
41.5
35.4
33.4
,
28.6
,
29.4
,
27.6
Lumber Index
95
84
114
105
103
(1980=100)
103
101
yA
NA
Industrial Materials Index 1
85
71
(1980=100)
,, 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.
S-type styrene, US export price.
Quoted on New York market.
Average of No. I heavy melting steel scrap and No. 2 bundles
delivered to consumers at Pittsburgh, Philadelphia, and Chicago.
This index is compiled by using the average of I I types of lumber
whose prices are regarded as belhvethers 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.
I Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
World Crude Oil Production
Excluding Natural Gas Liquids
1981
1982
1983 1984
1985
Year
3d Qtr
4th Qtr
Nov
Dec
World
55,837
53,092
52,633 53,691
53,356
52,373
55,015
54,709
55,05 1
Non-Communist countries
41,602
38,810
38,228 39,257
38,692
37,588
40,707
40,418
40,760
Developed countries
12,886
13,276
13,864 14,302
14,730
14,643
14,958
14,989
14,860
United States
8,572
8,658
8,680 8,735
8,933
8,954
8,933
8,901
8,936
Canada
1,285
1,270
1,356 1,41 1
1,457
1,444
1,476
1,475
1,500
United Kingdom
1,811
2,094
2,299 2,535
2,533
2.399
2,607
2,655
2,481
Norway
501
518
614 700
785
823
870
-- 879
870
Other
717
736
915 921
1,022
1,023
1,072
1.079
1,073
Non-OPEC LDCs
6,036
6,633
6,823 7,515
7,845
7,922
7,888
7,849
7,915
Mexico
2,321
2,746
2,666 2,746
2,733
2,738
2,721
2,679
2,733
Egypt
9
8
5
665
689 827
----
874
890
856
860
860
Other
- --
-
3,117
3,222
---
3,468 3,942
4,238
4,294
4,311
4,310
4,322
OPEC
22,680
18,901
17,541 17,440
16,117
15,023
17,861
17,580
17,985
Algeria
803
701
699 638
645
616
660
680
650
Ecuador
211
211
236 253
280,
282
287
290
290
Gabon
151
154
157 152
153
153
160
160
160
Indonesia
1,604
1324
1,385 1,466
1,235
1,203
1,286
1,200
1,100
Iran
1,381
--
2,282
-- - - -
2,492 2,187
-- -- - --- -
2,258
2,335
2,301
2,200
700
2,400
1
650
Iraq
993
972
922 1,203
1,437
1,482
1,666
1,
,
Kuwait n
947
663
881 912
862
800
899
950
900
Libya
1,137
1,183
1,076 1,073
1,069
933
1,234
1,200
1,300
Neutral Zone
370
317
390 410
355
306
391
400
360
Nigeria
1,445
1,298
1,241 1,393
1,464
1,214
1,686
1,760
1,620
Qatar
405
328
295 399
--
302
312
312
- 300
335
Saudi Arabia b
9,625
6,327
4,867 4,444
3,290
2,564
4,067
4,000
4,500
UAE
1,500
1,248
1,119 1,097
1,146
1,193
1,242
1,185
1,165
Venezuela
2,108
1,893
1,781 1,813
1,621
1,630
1,670
1,555
1,555
Communist countries
14,235
14,282
14,405 14,434
14,664
14,785
14,308
14,291
14,291
USSR
11,800
11,830
11,864-1-1,728
1 1,749
11,866
11,367
11,350
11,350
China
2,024
2.042
2,121 2,286
2,496
2,504
2,521
1,521
2,521
Other
411
410
420 420
419
415
420
420
420
Preliminary.
1, Excluding Neutral Zone production, which is shown separately.
Production is shared equally between Saudi Arabia and Kuwait.
Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
Big Seven: Inland Oil Consumption
United States
Japan
West Germany
France
United Kingdom
Italy h
Canada
16,058 15,296
4,444 4,204
2,120 2,024
1,744 1,632
1,325 1,345
1,705 1,618
1,617 1,454
15,184
4,193
2,009
1,594
1,290
1,594
1,354
15,708
4,349
2,012
1,531
1,624
1,513
1,348
Year
15,697
4,132
1,493
1,511
Ist Qtr
15.813
4,720
1,993
1.755
1,881
1,718
1,327
2d Qtr
15,452
3,580
2,034
1.342
1.208
1,281
1.286
3d Qtr
15,557
3,839
2,258
1,310
1,230
1,417
1,366
4th Qtr
15,748
4.388
1,569
1,642
Dcc
16,541
5,072
1,504
1,707
Including bunkers, refinery fuel, and losse
Principal products only prior to 1981.
s
Bi
S
g
even: Crude Oil Imports
Year
2d Qtr
3d Qtr
4th Qtr
'NOV
Dec
United States 4,406 3,488
3,329
3,402
3,216
3,397
3,171
3.662
4,105
3
640
Japan 3,919 3,657
3,567
3,664
3.118
3,003
3
233
,
West Germane 1,591 1,451
1,307
1,335
1,284
1.260
1,248
1.210
,
1,182
1
150
France 1,804 1,596
1,429
1,395
1,476
1,252
1,421
1.590
1,527
,
1
690
United Kingdom 736 565
456
482
518
444
,
Italy 1,816 1,710
1,532
1,507
1,328
1,166
Canada 521 334
247
244
216
162
Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
OPEC: Crude Oil Official Sales Price
1980
1981
1982
1983
1984
1985
Year
1st Qtr
2d Qtr
3d Qtr
4th Qtr
OPEC average',
30.87
34.50
33.63
29.31
28.70
28.14
28.25
28.11
28.13
28.15
29
50
Algeria
44" API 0.10'; sulfur
37.59
39.58
35.79
31.30
30.50
29.66
30.15
29.50
29.50
.
26
15
Ecuador
28" API 0.93`; sulfur
34.42
34.50
32.96
27.59
27.50
26.41
26.82
26.50
26.15
0
.
00
28
Gabon
29'' API 1.26 'r sulfur
31.09
34.83
34.00
29.82
29.00
28.09
28.35
28.00
28.0
3
.
28
53
Indonesia
35' API 0.09'; sulfur
Iran
30.55
35.00
34.92
29.95
29.53
28.62
28.88
28.53
28.5
.
Light
34" API 1.35'; sulfur
i4.'4
iv.ov
5
27
35
IIeav
31'' API 1.60'; sulfur
33.60
35.57
29.15
27.44
27.10
27.37
27.41
27.35
27.3
.
43
28
Iraq ,
35" API 1.95'; sulfur
30.30
36.66
34.86
30.32
29.43
28.27
28.78
28.43
2
28.43
7
30
.
30
27
Ku%vait
31" API 2.50'; sulfur
29.84
35.08
32.30
27.68
27.30
27.30
27.30
7.30
.
2
.
40
30
Lib'a
40 API 0.22'; sulfur
36.07
40.08
35.69
30.91
30.40
30.40
30.40
30.40
30.40
.
28
37
Nigeria
34' API 0.I6'i sulfur
35.50
38.48
35.64
30.22
29.12
28.34
28.24
28.37
28.37
8
10
.
10
28
Qatar
40 API 1.17; sulfur
Saudi Arabia
37.12
34.56
29.95
29.49
28.48
28.10
28.10
28.10
.
2
1
.
11
28
Berri
39" API 1.16'' sulfur
30.19
34.04
34.68
29.96
29.52
28.20
28.48
28.11
28.1
.
00
28
Light
34" API 1.70'' sulfur
28.67
32.50
34.00
29.46
29.00
28.08
28.32
28.00
28.00
7
20
.
27
20
Medium
31" API 2.40'; sulfur
28.12
31.84
32.40
27.86
27.40
27.32
27.48
27.40
.
2
00
.
00
26
IIcavv
27" API 2.85'; sulfur
27.67
31.13
31.00
26.46
26.00
26.25
26.50
26.50
26.
15
.
15
28
l'AE
39'' API 0.75'; sulfur
31.57
36.42
34.74
30.38
29.56
28.24
28.52
28.15
28.
.
27
10
Venezuela
26? API 1.52';; sulfur
28.44
32.88
32.88
28.69
27.88
27.37
27.69
27.60
27.10
.
Fo.b. prices set by the government for direct sales and, in most
cases, for the producing company buy-back oil.
\W Bighted bs 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 2011/05/16: CIA-RDP97-0077OR000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-00770R000100190001-2
OPEC: Average Crude Oil Sales Price
30 ~7 29.31
20 II.u~ 11.77 12.88 1293
Approved For Release 2011/05/16: CIA-RDP97-00770R000100190001-2
 Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2
Approved For Release 2011/05/16: CIA-RDP97-0077OR000100190001-2