OPEC Long-Term Strategy

OPEC’s Long-Term Strategy provides a coherent framework and consistent vision for the future of the Organization. The Strategy is prepared every five years by the OPEC Secretariat under the guidance of the Deputy Ministers of Petroleum and Energy of Member Countries.

The Strategy analyzes factors that may affect the Organization’s efforts to ensure market stability and fair prices, and also analyzes global trends that may have an impact on the security of world oil demand. In line with OPEC’s fundamental mission, the Strategy considers the overall conditions which are necessary for the regular supply of petroleum to consumers.

View OPEC’s current Long-Term Strategy here.