may 2000 highlights international oil markets supply this forecast assumes that opec 10 organization of petroleum exporting countries excluding iraq crude production will be 25 2 million barrels per day in the second quarter 0 9 above first levels figure 1 is about 5 their target 24 69 then another increase third and an additional barrel fourth if fails to or quarters as assumed higher prices would expected continued steady increases are throughout 2001 iraqi average over 3 through remainder year not much iraqis have said they producing by