OPEC launches WOO 2025 and sees global oil demand at almost 123 mb/d in 2050

10 July 2025 | Vienna, Austria

The 2025 OPEC World Oil Outlook (WOO) was launched today at the 9th OPEC International Seminar. First published in 2007, and now in its 19th edition, the Organization’s flagship annual publication offers valuable insight on the medium- and long-term prospects for the global oil and energy sectors.

Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability on current healthy oil market fundamentals and steady global economic outlook and adjust production

5 July 2025 | Via Videoconference

The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 5 July 2025, to review global market conditions and outlook.

Milestone 60th Edition of OPEC's Annual Statistical Bulletin (ASB- 2025) launched on 2 July 2025

2 July 2025 | Vienna, Austria

The Organization of the Petroleum Exporting Countries (OPEC) launched the 2025 edition of its Annual Statistical Bulletin (ASB) on Wednesday, 2 July 2025, at 14:00 (CEST) at the OPEC Secretariat in Vienna, Austria. The event was held in a hybrid format.

10th High-Level Meeting of the OPEC-Russia Energy Dialogue Saint Petersburg, Russian Federation

18 June 2025 | Saint Petersburg, Russia Federation

[Joint Press Release] On the Sidelines of St. Petersburg International Economic Forum that is taking Place on 18-21 June 2025, in Saint Petersburg, the Organization of the Petroleum Exporting Countries (OPEC) and the Russian Federation held the Tenth High-level Meeting of the OPEC-Russia Energy Dialogue today, 18 June2025.

Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability on current healthy oil market fundamentals and steady global economic outlook and adjust production

31 May 2025 | Via Videoconference

The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 31 May 2025, to review global market conditions and outlook.

39th OPEC and non-OPEC Ministerial Meeting

28 May 2025 | Via Videoconference

In light of the continued commitment of the OPEC and non-OPEC Participating Countries in the Declaration of Cooperation (DoC) to achieve and sustain a stable oil market, the Participating Countries decided to:

Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability on current healthy oil market fundamentals and adjust production upward

03 May 2025 | Via Videoconference

The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 3 May 2025, to review global market conditions and outlook.

11th Joint IEA-IEF-OPEC Workshop on the Interactions between Physical and Financial Energy Markets

23 April 2025 | Vienna, Austria

[Joint Press Release] The International Energy Agency (IEA), the International Energy Forum (IEF) and the Organization of the Petroleum Exporting Countries (OPEC) held the 11th Joint IEA-IEF-OPEC Workshop on the Interactions between Physical and Financial Energy Markets at the OPEC Secretariat in Vienna, Austria.

OPEC Secretariat receives updated compensation plans from Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, and Oman

16 April 2025 | Via Videoconference

59th Meeting of the Joint Ministerial Monitoring Committee

05 April 2025 | Via Videoconference

The 59th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Saturday, 5 April 2025.

Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability on healthier oil market outlook and adjust production upward

03 April 2025 | Via Videoconference

The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually on 3 April 2025, to review global market conditions and outlook.

OPEC Secretariat receives updated compensation plans from Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, and Oman

20 March 2025 | Vienna, Austria

Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman reaffirm commitment to market stability on healthier oil market outlook

03 March 2025 | via videoconference

The eight OPEC+ countries, which previously announced additional voluntary adjustments in April and November 2023, namely Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman met virtually on March 3, 2025, to review global market conditions and the future outlook.

4th Meeting of the OPEC – Africa Energy Dialogue

25 February 2025 | Abuja, Nigeria

The 4th High Level Meeting of the OPEC–Africa Energy Dialogue took place today in Abuja on the sidelines of the 8th Edition of the Nigeria International Energy Summit (NIES), hosted under the gracious patronage of HE Bola Ahmed Tinubu, President of the Federal Republic of Nigeria.

Brazil's National Council for Energy approves joining Charter of Cooperation (CoC)

18 February 2025 | Vienna, Austria

58th Meeting of the Joint Ministerial Monitoring Committee

03 Feb 2025 | Via videoconference

The 58th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Monday, 03 February 2025.