News:

  • 1. OPEC daily basket price stood at $82.41 a barrel Thursday, 23 May 2024 more
  • 2. Al Ghais: It’s about reducing emissions, not oil demand more
  • 3. Oil Security: vital for all more

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Secretary General’s Corner

Secretary General’s Corner
  • Jobs matter

    Article by HE Haitham Al Ghais, OPEC Secretary General.

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  • If oil disappeared tomorrow….

    Article by HE Haitham Al Ghais, OPEC Secretary General.

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  • A history of ‘unrealized’ peaks

    Article by HE Haitham Al Ghais, OPEC Secretary General.

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Oil Market Report

  • Oil Market Report

    May 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
  • COP29-OPEC High-Level Energy Dialogue

    In a historical joint effort to enhance cooperation and foster inclusivity, the COP29 Presidency and OPEC today held a High-Level Dialogue at the OPEC headquarters in Vienna, ahead of the climate change conference COP29 which will be held in Baku, Azerbaijan from 11 to 22 November 2024.

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  • OPEC conveys its condolences on the tragic passing of Iranian President Raisi

    The Organization of the Petroleum Exporting Countries (OPEC) extends its sincerest and deepest condolences on the passing of HE Ayatollah Dr Ebrahim Raisi, President of the Islamic Republic of Iran, to his family, the leadership and people of the Islamic Republic of Iran, and the entire OPEC Family.

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  • OPEC holds constructive workshop between Iraq, Kazakhstan and secondary sources on compensation plans

    The 35th OPEC and non-OPEC Ministerial Meeting (ONOMM) held 04 Jun 2023 reiterated the critical importance of adhering to full conformity, and subscribing to the concept of compensation. Furthermore, the 53rd Meeting of Joint Ministerial Monitoring Committee (JMMC) held on 3 April 2024 stated that participating countries with outstanding overproduced volumes for the months of January, February and March 2024 will submit their detailed compensation plans to the OPEC Secretariat by 30 April 2024.

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  • 53rd Meeting of the Joint Ministerial Monitoring Committee

    The 53rd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, 03 April 2024.

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OPEC Bulletin

  • OPEC Bulletin

    March-April 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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