News:

  • 1. OPEC daily basket price stood at $71,82 a barrel Thursday, 28 November 2024 more
  • 2. ‘'Age of electricity' to follow looming fossil fuel peak’’: Analysis or Science Fiction? more
  • 3. OPEC’s World Oil Outlook 2024 to be launched in Rio de Janeiro on 24 September more

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Secretary General’s Corner

Secretary General’s Corner
  • All sectors have a role to play in meeting the climate challenge

    Article by HE Haitham Al Ghais, OPEC Secretary General.

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  • Most of what you pay at the pump is taxes

    Article by HE Haitham Al Ghais, OPEC Secretary General.

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  • The energy mix is not a zero-sum game: oil and the electricity grid

    Article by HE Haitham Al Ghais, OPEC Secretary General.

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Oil Market Report

  • Oil Market Report

    November 2024

    The OPEC MOMR provides a detailed analysis of oil market developments, including oil supply and demand levels, and trends in the world economy.

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Press Releases

Press Releases
  • Historic Vienna Agreement turns eight

    Today marks the eighth anniversary of the landmark ‘Vienna Agreement’ reached at the 171st Meeting of the OPEC Conference held on 30 November 2016 in Vienna, Austria.

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  • 57th JMMC Meeting and 38th ONOMM moved to 5 December

    The 57th Meeting of the Joint Ministerial Monitoring Committee (JMMC) and the 38th OPEC and non-OPEC Ministerial Meeting (ONOMM), originally planned for 1 December 2024, have been rescheduled to Thursday, 5 December 2024, via videoconference, as several Ministers will be attending the 45th Gulf Summit in Kuwait City, the State of Kuwait.

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  • OPEC and the Russian Federation highlight the importance of oil and energy markets stability in driving economic growth

    [Joint Press Release] The Organization of the Petroleum Exporting Countries (OPEC) and the Russian Federation held the Ninth High-level Meeting of the OPEC-Russia Energy Dialogue today, 22 November 2024, in Moscow, the Russian Federation.

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  • GECF and OPEC Strengthen Collaboration on Climate and Energy Issues at COP29 in Baku

    [JOINT PRESS RELEASE] The Gas Exporting Countries Forum (GECF) and the Organization of the Petroleum Exporting Countries (OPEC) convened their third coordination meeting on 19 November 2024, during COP29 in Baku, Republic of Azerbaijan. The meeting underscored the ongoing cooperation between the two organizations and highlighted the significance of their collaboration in addressing the challenges of climate change and energy security.

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OPEC Bulletin

  • OPEC Bulletin

    September-October 2024

    The publication provides articles on OPEC Secretariat activities, feature stories about the Organization’s Member Countries and a review of energy market developments.

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