ECONOMIC & ENERGY INDICATORS

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CIA-RDP83-00452R000200170007-5
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K
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14
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December 20, 2016
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Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 National Foreign Assessment Center Economic & Energy Indicators ER EE! 81-018 11 September 1981 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 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) Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 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 Big Seven: Inland Oil Consumption Big Seven: Crude Oil Imports OPEC: Average Crude Oil Official Sales Price (Chart) 8 9 9 10 11 The EEI provides up-to-date information on changes in economic and energy activities of major countries. To the extent possible, the EEI is updated from press ticker and Embassy reporting. Sources for the EEI are revised every few months. The most recent date of pub- lication for the source notes is 11 December 1980. Comments and queries re- garding the EEI are welcome. Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Percent Change From Previous Period (Seasonally Adjusted at an Annual Rate) I II III IV I II Feb Mar Apr May Jun Jul United States 5.8 4.4 -3.6 -0.1 -19.1 -6.7 21.2 7.4 2.4 -1.6 5.7 Negl 6.5 -0.8 4.0 Japan 6.2 8.3 7.1 17.5 0.7 -8.9 6.5 8.7 22.8 -19.9 6.8 -6.4 West Germany 1.7 4.9 0.2 4.9 -9.2 -6.0 -3.7 10.4 -4.8 73.0 -27.8 Negl Negl -28.5 France 1.9 4.5 -1.0 2.0 -8.6 Negl -7.8 -18.1 -17.9 78.7 -22.7 -10.1 United Kingdom 0.8 0.4 -8.7 -13.7 -12.3 -14.0 -16.4 -2.8 -1.5 12.9 -7.8 -1.3 -13.9 27.7 Italy 1.9 6.7 5.5 17.9 -10.2 -27.0 22.7 2.7 -9.8 137.8 -10.2 -4.1 -52.0 1.8 Canada 4.1 4.7 -1.6 -2.6 -9.5 -1.0 9.5 3.3 14.4 20.3 11.0 -1.7 Percent Change From Previous Period (Constant Market Prices; Seasonally Adjusted at an Annual Rate) IV I II III IV I II United States 4.8 3.2 -0.2 0.6 3.1 -9.9 2.4 3.8 8.6 -1.9 Japan 5.1 5.5 4.3 4.6 5.6 1.5 5.2 1.9 4.1 West Germany 3.6 4.5 1.8 3.1 8.7 -8.0 Negl -2.1 2.7 France 3.7 3.5 1.6 1.7 1.6 -1.4 1.4 -0.9 -3.2 United Kingdom 3.7 1.1 -1.4 7.4 1.6 -13.0 -0.1 0.7 1.7 Italy 2.7 4.9 4.0 16.8 8.8 -3.5 -10.5 8.4 1.3 Canada 3.7 3.0 NegI 2.4 -3.5 -4.1 0.6 9.4 4.1 Percent Change From Previous Period (Seasonally Adjusted at an Annual Rate) I II III IV I II Feb Mar Apr May Jun Jul United States 7.6 11.3 13.5 16.2 13.2 8.6 12.4 10.7 7.7 10.2 7.1 6.1 7.7 11.6 Japan 3.8 3.6 8.0 10.5 8.7 7.2 4.7 6.4 2.0 3.0 -1.1 6.4 West Germany 2.7 4.1 5.5 4.9 6.1 5.0 5.3 6.1 6.0 6.1 7.2 6.1 5.0 5.0 7.0 France 9.3 10.6 13.5 16.7 12.0 13.0 12.6 13.0 12.8 12.9 12.0 14.6 11.1 12.7 United Kingdom 8.2 13.4 18.0 19.9 20.3 10.5 10.9 9.7 16.1 13.5 19.2 22.2 10.1 7.5 Italy 12.4 15.7 21.2 25.5 15.8 21.8 21.4 19.8 18.5 19.5 19.5 16.6 20.6 16.6 Canada 8.9 9.1 10.2 9.5 10.3 11.8 13.0 13.8 11.9 12.3 12.7 11.8 7.1 19.9 9.2 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Money Supply, M-1 Percent Change From Previous Period (Based on Amounts in National Currency Units; Seasonally Adjusted at an Annual Rate) United States 8.2 7.8 6.3 Japan 10.7 10.0 0.8 West Germany 13.3 7.6 2.4 France 11.8 12.3 8.4 United Kingdom 20.1 12.3 4.5 Italy 22.4 23.5 15.8 Canada 10.1 7.2 6.4 Percent a (Seasonally adjusted) United States 6.0 5.8 7.1 Japan 2.2 2.1 2.0 West Germany 3.8 3.3 3.4 France 5.3 6.2 6.6 United Kingdom 5.7 5.4 6.8 Italyb 7.3 7.7 7.6 Canada 8.4 7.5 7.5 I II III IV I II Feb Mar Apr May Jun Jul 7.0 -3.0 14.6 11.3 4.9 9.1 5.9 13.9 24.7 -5.9 -7.3 4.3 7.3 -1.8 -7.8 -4.0 3.3 23.6 14.2 5.7 10.8 147.2 -37.4 -1.7 2.1 4.6 13.7 -3.7 -6.5 -9.7 -30.8 4.1 -1.5 16.2 7.8 9.6 6.5 11.1 12.0 17.5 -6.4 31.2 33.6 -5.4 2.1 12.3 8.8 11.4 17.8 17.2 41.5 19.2 8.4 -5.6 46.3 6.3 14.3 10.9 15.6 17.4 11.8 7.7 8.9 -1.8 13.6 18.1 -1.3 6.7 5.0 20.1 23.9 -7.6 -27.4 57.2 I II III IV I II Feb Mar Apr May Jun Jul 6.2 7.3 7.5 7.5 7.3 7.4 7.3 7.3 7.3 7.6 7.3 7.0 1.9 2.0 2.0 2.2 2.2 2.2 2.2 2.3 2.4 3.1 3:2 3.5 3.8 4.1 4.6 4.1 4.3 4.4 4.6 4.8 4.9 6.4 6.7 6.7 6.8 7.3 7.3 7.3 7.6 7.9 5.7 6.2 7.0 8.3 9.5 9.5 9.8 10.1 10.4 7.8 7.5 7.5 7.5 7.7 8.7 7.5 7.7 7.5 7.4 7.3 7.1 7.2 7.4 7.0 7.1 7.3 7.2 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. bQuarterly data. Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Billion US $, f.o.b. (Seasonally Adjusted) United States Exports Imports Balance 143.5 172.0 -28.5 181.6 206.3 -24.6 220.7 245.0 -24.3 52.7 63.9 -11.2 54.7 60.7 -6.1 56.2 58.8 -2.6 57.2 61.6 -4.5 60.0 66.1 -6.0 58.6 65.6 -7.0 18.8 23.2 -4.4 19.8 21.9 -2.2 21.4 20.9 0.5 19.8 22.3 -2.5 18.9 21.3 -2.4 19.9 22.0 -2.1 Japan Exports Imports Balance 95.7 71.0 24.7 101.3 99.4 1.9 125.9 124.2 1.7 28.1 29.9 -1.8 31.1 32.0 -0.9 32.1 30.6 1.4 34.6 31.7 2.9 37.3 33.9 3.4 37.7 32.2 5.5 12.4 11.0 1.4 12.5 11.5 1.0 12.4 11.4 1.0 12.9 11.0 1.9 12.5 11.0 1.4 12.4 10.2 2.2 West Germany Exports Imports Balance 142.3 115.6 26.7 171.7 151.6 20.1 193.1 178.7 14.4 50.7 46.3 4.4 48.4 44.8 3.6 48.2 44.9 3.3 45.8 42.7 3.1 44.1 41.6 2.5 42.8 37.7 5.1 14.6 13.7 0.9 14.6 13.6 1.1 14.9 14.4 0.5 15.1 13.2 1.9 13.8 12.3 1.5 13.9 12.2 1.7 France Exports Imports Balance 79.6 74.8 4.8 100.6 103.3 -2.7 116.0 130.2 -14.2 28.6 32.0 -3.4 28.8 32.4 -3.5 29.7 33.8 -4.0 28.8 32.1 -3.2 27.2 29.9 -2.7 26.5 28.6 -2.1 8.8 10.1 -1.3 9.3 10.0 -0.7 9.1 9.8 -0.7 9.5 9.9 -0.4 8.6 9.2 -0.6 8.5 9.5 -1.0 United Kingdom Exports Imports Balance 67.3 70.3 -3.0 86.6 93.9 -7.3 110.2 107.3 2.9 26.7 27.6 -0.9 27.2 27.9 -0.7 27.9 26.4 1.5 28.4 25.3 3.0 9.6 7.8 1.8 8.8 8.1 0.7 Italy Exports Imports Balance 55.4 51.8 3.6 72.0 71.8 0.2 77.9 93.2 -15.3 20.3 22.7 -2.5 19.2 21.9 -2.7 20.0 26.2 -6.2 18.5 22.4 -3.9 17.6 20.7 -3.1 18.6 21.7 -3.1 6.3 7.5 -1.0 6.3 7.2 -0.9 5.1 6.0 -0.9 6.9 7.7 -0.8 5.2 6.9 -1.6 6.5 7.2 -0.7 Canada Exports Imports Balance 46.6 43.9 2.7 56.0 53.7 2.4 65.0 59.1 5.9 16.0 14.6 1.4 15.6 14.6 1.1 16.5 14.7 1.8 16.9 15.2 1.6 17.0 15.9 1.1 17.6 17.1 0.5 5.9 5.3 0.7 5.6 5.3 0.3 5.5 5.3 0.2 5.8 5.8 0 5.7 5.5 0.2 6.2 5.8 0.3 I II III IV I II United States b -14.1 1.4 3.7 -2.1 -0.5 5.0 1.4 3.1 Japan 16.5 -8.8 -10.7 -5.8 -4.5 -1.0 0.6 -2.1 1.5 -2.7 -0.1 0.8 0.5 -0.3 1.3 West Germany 9.0 -6.2 -16.6 -2.9 -4.0 -7.1 -2.5 -4.4 -2.2 -2.5 -0.6 -1.3 Negl -0.7 -1.6 France 3.8 1.1 -7.9 -3.3 -0.2 -2.6 -1.8 -2.7 United Kingdom 1.4 -3.3 6.6 -0.8 -0.5 2.7 5.2 Italy 6.2 5.5 -9.8 -4.4 -1.5 -1.0 -2.9 Canada b -4.3 -4.2 -1.6 -1.3 -1.1 0.8 Negl -1.4 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 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 United States 7.0 16.0 10.6 Japan 23.0 4.6 7.8 West Germany 15.7 12.8 7.9 France 14.5 16.1 11.7 United Kingdom 19.6 22.6 Italy 11.3 20.2 17.5 Canada 1.4 17.8 17.5 Import Prices in US $ United States 8.7 17.3 27.4 Japan 5.3 23.6 37.0 West Germany 11.5 20.3 15.3 France 10.0 16.8 19.4 United Kingdom 13.9 22.6 Italy 8.7 21.1 26.2 Canada 5.7 11.3 16.8 I II III IV I II Jan Feb Mar Apr May Jun 10.6 , 2.6 15.7 19.7 9.2 15.6 -3.9 -4.7 17.4 12.6 26.1 8.6 14.4 16.8 -15.1 91.8 -47.1 -1.9 -20.6 4.4 -16.4 8.0 -3.1 14.1 -18.8 -26.0 -25.2 -26.7 -51.3 28.5 -20.9 -45.6 -39.0 12.4 3.6 19.5 -16.0 -22.9 -27.2 -34.0 -10.8 -9.7 -57.8 41.8 16.4 28.3 26.1 10.8 12.6 -13.7 -13.0 -12.2 -31.4 -9.4 -10.2 44.1 -4.6 14.0 -4.4 24.1 102.1 6.8 -49.3 -1.5 -10.6 I II III IV I II Jan Feb Mar Apr May Jun 45.4 16.9 9.3 8.1 17.0 26.9 8.6 13.1 -1.4 69.1 29.0 -1.1 6.1 14.8 -5.5 6.3 4.0 23.1 -25.9 8.6 -20.4 31.6 -5.2 9.3 -14.5 -9.7 -26.6 -9.7 -29.5 1.3 -24.0 -50.8 -21.4 38.6 -1.1 18.2 -15.0 -8.1 17.8 -38.0 9.9 -14.4 -48.5 59.1 7.0 18.0 36.5 25.2 8.1 -4.4 9.1 -12.7 46.4 2.0 -25.8 31.1 3.2 18.7 -2.4 13.7 45.0 -27.2 1.6 18.2 21.6 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 United States -6.2 -1.0 -0.2 Japan 24.0 -6.8 -4.0 West Germany 5.2 3.9 0.4 France -2.0 -0.6 0.3 United Kingdom 1.2 5.8 9.4 Italy -6.8 -4.3 -4.3 Canada -8.7 -3.4 -0.1 Dollar Cost of Foreign Currency Japan 28.3 -4.5 -3.2 West Germany 15.7 9.5 0.9 France 9.0 5.9 0.8 United Kingdom 10.0 10.5 9.6 Italy 4.1 2.1 -2.8 Canada -6.8 -2.7 0.2 United States 90-day certificates of deposit, secondary market 8.25 11.22 13.04 Japan loans and discounts (2 months) 4.76 6.10 11.44 West Germany interbank loans (3 months) 3.67 6.65 9.45 France interbank money market (3 months) 8.12 9.46 12.17 United Kingdom sterling interbank loans (3 months) 9.16 13.61 16.58 Italy Milan interbank loans (3 months) 11.47 12.04 17.48 Canada finance paper (3 months) 8.54 11.92 13.12 Eurodollars 8.73 11.97 14.04 3-month deposits I II III IV I II Feb Mar Apr May Jun Jul -0.1 -1.6 -9.6 8.3 12.3 24.5 42.9 2.3 23.3 42.2 26.5 30.1 -8.7 24.2 17.4 28.0 23.0 -12.1 6.5 -16.2 -20.7 -7.0 -2.6 -25.3 -0.7 -4.5 -0.8 -8.5 -5.0 Negl -10.4 24.0 -1.1 -10.4 -6.3 -1.4 0.6 -1.4 1.4 -6.0 -7.1 -8.5 -14.4 -0.8 -4.6 -23.0 4.1 1.9 20.8 8.5 9.6 19.7 12.2 -12.7 -1.3 -29.2 -4.9 0.3 -31.1 -5.9 -3.3 -5.4 -6.3 -10.2 -14.6 -12.0 -15.1 -21.1 -7.8 -8.8 Negl 3.6 -2.7 1.9 -6.9 -0.7 4.0 1.2 9.6 5.6 -2.0 3.5 0.1 -8.0 22.5 23.1 18.5 10.1 -23.6 -17.8 -16.4 -29.9 -26.3 -17.3 -34.9 -1.6 -8.0 8.1 -25.2 -29.5 -29.7 -52.8 20.8 -27.9 -50.3 -35.2 -26.7 -0.6 -6.1 9.3 -24.3. -31.4 -35.3 -55.3 0.2 -30.4 -56.9 -30.6 -25.4 18.7 5.4 18.5 0.7 -12.1 -34.3 -42.6 -28.1 -26.5 -38.7 -49.2 -46.4 -1.6 -12.2 3.8 -24.6 -32.9 -39.2 -54.7 -12.7 -39.7 -50.5 -36.9 -26.1 3.7 -2.1 4.1 -8.3 -3.2 -1.7 -7.3 7.3 0.4 -9.6 -3.0 -6.3 I II III IV I II Feb Mar Apr May Jun Jul 15.09 11.47 9.95 15.66 15.92 16.76 16.14 14.43 15.08 18.27 16.95 17.76 9.97 13.55 12.13 10.11 8.42 7.15 8.38 7.87 6.83 7.22 7.41 7.16 9.08 10.10 9.14 9.49 11.20 13.11 10.74 13.44 13.12 13.15 13.05 12.92 12.96 12.61 11.63 11.49 11.94 15.86 11.87 12.56 13.00 15.75 18.84 17.34 17.69 17.12 16.05 15.46 13.30 12.40 13.12 12.58 12.26 12.34 12.61 13.63 17.67 17.12 17.43 17.71 17.69 20.11 17.50 18.22 19.92 19.92 20.49 20.78 14.20 13.76 10.70 13.83 17.04 18.53 17.28 16.85 17.35 18.96 19.28 19.63 16.12 12.80 10.74 16.49 16.87 17.62 17.18 15.36 15.95 19.06 17.86 18.50 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Beef (? per pound) Australia (Boneless beef, f.o. b., New York) 68.4 97.1 131.1 125.8 United States (Wholesale steer beef, midwest markets) 50.9 80.7 101.1 104.3 Cocoa (? per pound) 172.0 152.5 144.3 113.5 Coffee ($ per pound) 2.35 1.63 1.72 1.54 Corn (Chicago No. 2 yellow, S per bushel) 2.24 2.33 2.66 3.01 Cotton (Memphis middling 1 1/ 16 inch, $ per pound) 0.6140 0.5936 0.6328 0.8219 Palm Oil (S per pound) 0.2429 0.2874 0.3110 0.2834 Rice (New Orleans rice, US $ per metric ton, US No. 2, milled f.o.b.) 333 399 381 496 Soybeans (Chicago No. I yellow, $ per bushel) 7.01 6.51 7.07 6.95 Soybean Oil (S per pound) 0.2364 0.2588 0.2768 0.2375 Sugar (World raw London, bulk 0 per pound) 7.96 7.79 9.57 28.63 Wheat (Kansas City No. 2 hard winter, $ per bushel) 2.54 3.16 3.97 4.33 Food Index a 153 159 188 232 (1975=100) I II Jan Feb Mar Apr May Jun Jul Aug 118.9 112.8 121.6 121.7 113.4 115.2 112.9 110.4 109.5 NA 96.8 103.1 100.1 95.9 94.1 99.7 103.1 106.5 107.3 NA 91.1 81.2 92.1 88.8 92.5 91.6 82.3 69.6 88.0 96.5 1.26 1.22 1.28 1.25 1.26 1.28 1.26 1.13 1.19 1.25 3.50 3.46 3.56 3.49 3.46 3.53 3.47 3.37 3.28 3.06 0.8427 0.8039 0.8587 0.8461 0.8244 0.8244 0.7958 0.7915 0.7503 0.6676 0.2750 0.2789 0.2747 0.2832 0.2673 0.2673 0.2752 0.2943 0.2834 0.2497 600 613 595 595 606 606 617 617 NA NA 7.38 7.45 7.52 7.31 7.31 7.72 7.53 7.09 7.26 6.81 0.2265 0.2210 0.2296 0.2197 0.2304 0.2340 0.2156 0.2134 0.2288 0.2076 24.70 16.28 27.98 24.17 21.95 17.34 14.98 16.53 16.31 14.95 4.45 4.38 4.59 4.45 4.32 4.47 4.36 4.30 4.25 .4.14 227 209 236 225 219 215 209 203 205 202 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. Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452ROO0200170007-5 Aluminum 51.3 53.9 60.1 (major US producer, f per pound) Chrome Ore 55.8 56.2 56.0 (South Africa chemical grade, S per metric ton) Copper a 59.3 61.9 89.8 (wire bar, 6 per pound) Gold 147.7 193.2 306.8 $ per troy ounce Lead a 0 per pound Manganese Ore 66.1 68.4 67.2 (48% Mn S per long ton) Nickel (composite US producer, $ per pound) Platinum (major producer, $ per troy ounce) Synthetic b 36.5 37.8 41.1 Natural c 41.6 50.2 64.6 Silver ($ per troy ounce) 4.64 5.42 11.05 Steel Scrap d (S per long ton) 64.2 78.9 99,.4 Tina (0 per pound) 89.2 581.1 698.8 Tungsten Ore (contained metal, $ per metric ton) 21,580 18,172 17,504 US Steel (composite $ per long ton) Zinc a (? per pound) Lumber Index e (1975= 100) 154 180 188 Industrial 123 131 171 Materials Index f (1975=100) 71.6 76.0 77.0 76.0 76.0 76.0 76.0 77.0 78.0 78.0 78.0 55.0 53.0 53.0 53.0 53.0 53.0 53.0 53.0 53.0 53.0 53.0 98.68 82.9 79.6 84.9 81.7 82.2 82.7 78.9 77.3 76.3 81.0 612.1 517.9 480.0 557.4 499.8 496.6 496.6 479.3 464.1 410.5 410.2 78.5 81.8 81.8 81.8 81.8 81.8 81.8 81.8 81.8 81.8 82.2 40.6 45.2 48.5 46.6 44.7 44.3 47.6 47.2 50.8 NA NA 73.8 68.0 59.3 70.4 68.2 65.5 60.5 59.1 58.4 55.7 53.8 20.7 13.33 10.83 14.72 12.93 12.35 11.52 10.83 10.15 8.58 8.90 91.2 101.2 95.70 98.2 99.5 105.9 102.6 95.4 89.2 90.2 NA 761.3 628.5 583.9 650.0 618.1 617.4 605.9 573.2 572.5 603.9 656.3 18,219 18,905 18,373 18,491 19,065 19,160 18,424 18,127 18,569 18,865 18,474 167 168 167 172 166 165 170 166 164 165 NA 184 174 168 179 172 171 170 167 167 165 NA a Approximates world market price frequently used by major world e This index is compiled by using the average of 12 types of lumber whose producers and traders, although only small quantities of these metals are prices are regarded as bellwethers of US lumber construction costs. actually traded on the LME. I The industrial materials index is compiled by The Economist for 19 raw b S-type styrene, US export price. materials which enter international trade. Commodities are weighted by 3- c Quoted on New York market. year moving averages of imports into industrialized countries. d Average of No. 1 heavy melting steel scrap and No. 2 bundles delivered to consumers at Pittsburgh, Philadelphia, and Chicago. Approved For Release 2007/08/09: CIA-RDP83-00452ROO0200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 World Crude Oil Production Excluding Natural Gas Liquids World 59,656 60,109 62,599 59,445 Non-Communist Countries 46,660 46,434 48,636 45,206 Developed countries 11,346 12,196 12,757 12,859 United States 8,245 8,707 8,533 8,595 Canada 1,320 1,313 1,496 1,424 United Kingdom 768 1,082 1,568 1,622 Norway 280 356 403 528 Other 733 738 757 690 Non-OPEC LDCs 4,089 4,431 4,951 5,457 Mexico 981 1,209 1,461 1,937 Egypt 415 485 525 595 Other 2,693 2,737 2,965 2,925 OPEC 31,225 29,807 30,928 26,890 Algeria 1,100 1,161 1,154 1,012 Ecuador 183 202 214 204 Gabon 222 209 203 175 Indonesia 1,686 1,635 1,591 1,577 Iran 5,663 5,242 3,168 1,662 Iraq 2,348 2,562 3,477 2,514 Kuwait b 1,784 1,894 2,213 1,387 Libya 2,063 1,983 2,092 1,787 Neutral Zone c 393 473 568 538 Nigeria 2,085 1,897 2,302 2,055 Qatar 445 487 508 472 Saudi Arabia b 9,017 8,066 9,251 9,631 UAE 1,998 1,830 1,831 1,709 Abu Dhabi 1,651 1,446 1,463 1,350 Dubai 319 362 354 349 Sharjah 28 22 14 10 Venezuela 2,238 2,166 2,356 2,167 Communist countries 12,996 13,675 13,963 14,239 USSR 10,650 11,140 11,400 11,700 China 1,874 2,082 2,122 2,114 Other 472 453 441 425 a Preliminary. b Excluding Neutral Zone production, which is shown separately. Production is shared equally between Saudi Arabia and Kuwait. 1st Qtr Apr May June 58,183 57,457 56,647 43,949 43,236 42,412 12,967 12,780 12,802 8,566 8,597 8,564 8,634 1,319 1,190 1,195 1,825 1,748 1,768 531 512 557 726 733 718 5,918 6,242 6,229 2,239 2,540 2,547 2,300 620 600 570 3,059 3,102 3,112 25,064 24,214 23,381 22,946 950 900 900 800 220 215 215 220 168 175 160 150 1,629 1,630 1,600 1,600 1,631 1,600 1,500 1,600 769 1,000 1,000 1,000 1,369 800 850 900 1,616 1,600 1,400 1,200 525 386 279 359 1,909 1,623 1,293 1,351 499 513 436 342 9,948 10,000 10,000 10,000 1,612 1,572 1,548 1,434 1,245 1,200 1,200 1,057 359 364 339 368 8 8 9 9 2,219 2,200 2,200 1,990 14,234 14,221 14,235 11,800 11,800 11,800 11,800 2,026 2,011 2,025 408 410 410 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Big Seven: Inland Oil Consumption United States a 18,431 18,847 18,513 17,006 Japan 5,015 5,115 5,171 4,676 West Germany 2,478 2,596 2,664 2,356 France 1,973 2,077 2,107 1,965 United Kingdom 1,655 1,683 1,690 1,422 Italy b 1,476 1,551 1,620 1,602 Canada 1,661 1,701 1,765 1,730 a Including bunkers, refinery fuel, and losses. b Principal products only. Big Seven: Crude Oil Imports III IV I Jan Feb Mar Apr May Jun Jul 16,079 17,424 16,825 18,132 16,773 15,569 15,593 15,034 16,261 15,232 4,093 4,715 5,115 4,981 5,351 5,019 4,141 3,536 2,371 2,174 2,277 2,226 2,510 2,097 1,811 1,867 1,471 2,166 2,089 2,305 2,169 1,791 1,497 1,665 1,600 1,202 1,450 1,429 1,396 1,464 1,428 1,290 1,180 1,499 1,647 1,807 1,708 2,014 1,702 1,623 1,288 1,399 1,677 1,811 1,756 1,768 1,567 United States 6,615 6,356 6,519 5,220 Japan 4,791 4,662 4,846 4,373 West Germany 1,951 1,913 2,147 1,953 France 2,350 2,302 2,520 2,182 United Kingdom 1,405 1,318 1,157 893 Italy 2,122 2,212 2,292 1,859 Canada 675 621 616 557 III IV I Jan Feb Mar Apr May Jun Jul 4,692 4,745 4,729 4,896 4,811 4,481 4,444 4,228 3,909 4,044 3,976 4,462 4,265 3,591 4,533 4,338 4,208 4,519 3,336 3,813 1,864 1,941 1,695 1,687 1,800 1,610 1,651 1,539 2,001 2,081 2,095 1,995 2,376 1,903 1,978 1,649 1,591 757 841 731 1,909 1,788 1,865 539 543 499 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 OPEC: Crude Oil Official Sales Price a OPEC average b. 12.88 12.93 18.67 30.87 34.80 34.85 34.87 34.74 34.61 34.56 34.14 34.00 Saudi Arabia Light 34? API 1.70% sulfur 12.40 12.70 17.26 28.67 32.00 32.00 32.00 32.00 32.00 32.00 32.00 32.00 Berri 39? API 1.16% sulfur 12.85 13.22 19.33 30.19 33.52 33.52 33.52 33.52 33.52 33.52 33.52 33.52 Heavy 27? API 2.85% sulfur 11.70 12.02 16.41 27.67 31.00 31.00 31.00 31.00 31.00 31.00 31.00 31.00 Medium 31? API 2.40% sulfur 12.01 12.32 16.79 28.12 31.45 31.45 31.45 31.45 31.45 31.45 31.45 31.45 Light 34? API 1.35% sulfur 12.81 12.81 19.45 34.54 37.00 37.00 37.00 37.00 37.00 37.00 37.00 37.00 Heavy 31 ? API 1.60% sulfur 12.49 12.49 18.49 33.60 36.00 36.00 36.00 36.00 36.00 36.00 36.00 36.00 Iraq 35? API 1.95% sulfur Nigeria 34? API 0.16% sulfur 14.45 14.07 20.86 35.50 39.92 39.92 39.92 39.92 39.92 39.92 39.92 39.15 UAE 39? API 0.75% sulfur 12.88 13.26 19.81 31.57 36.56 36.56 36.56 36.56 36.56 36.56 36.56 36.56 Kuwait 31 ? API 2.50% sulfur 12.37 12.26 18.48 29.84 35.50 35.50 35.50 35.50 35.50 35.50 35.50 35.50 Libya 40? API 0.22% sulfur 14.06 13.89 21.16 36.07 41.00 41.00 41.00 41.00 41.00 41.00 40.00 40.00 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 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 35.00 Algeria 42? API 0.10% sulfur 14.37 14.14 19.65 37.59 40.00 40.00 40.00 40.00 40.00 40.00 40.00 40.00 Qatar 40? API 1.17% sulfur 13.19 13.19 19.72 31.76 37.42 37.42 37.42 37.42 37.42 37.42 37.42 37.42 Gabon 29? API 1.26 % sulfur 12.80 12.80 18.20 31.09 35.00 35.00 35.00 35.00 35.00 35.00 35.00 35.00 Ecuador 12.90 12.33 22.41 34.42 40.06 39.29 38.00 36.33 34.50 32.50 32.50 32.50 28? API 0.93% sulfur 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. Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5 OPEC: Average Crude Oil Official Sales Price' I II II II ii iI i Annual Average - 1973 74 75 76 77 78 CT ~ T N N M ~' Vt, N _ M M O O~ ,.y ~ M M 00 00 -~ vi 7 O `p N O ' b 00 00 00 r- M M M M M M G M M M_ ~_ ~_ 00 O O O N N N N .. I ii II II II III II II II II II I 11111f i II it it it it lI I1 II I I II it ii 11 II ii II h II II II 1 J F M A M J J A S O N D J F M A M J J A S O N D J F M A M J J A S O N D 1979 1980 1981 aPre-1974 prices are derived from posted prices and are not official sales prices. Approved For Release 2007/08/09: CIA-RDP83-00452R000200170007-5