News:

  • 1. OPEC daily basket price stood at $66.89 a barrel Monday, 22 January 2018 more
  • 2. OPEC holds 2nd Technical Meeting of OPEC, Non-OPEC Participating Countries more
  • 3. OPEC Secretary General interviewed by Bloomberg at the Oil & Money Conference more

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OPEC Bulletin

  • OPEC Bulletin

    December 2017-January2018

    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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Press Releases

Press Releases
  • Participating countries conclude successful year with record-breaking conformity level

    The OPEC/Non-OPEC Joint Ministerial Monitoring Committee (JMMC) convened in Muscat, the Sultanate of Oman, for its seventh meeting, on 21 January 2018.

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  • OPEC Secretary General meets with HH Kuwait’s Emir, Deputy Prime Minister, Oil Minister

    HH Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, the Emir of the State of Kuwait, yesterday received HE Mohammad Sanusi Barkindo, Secretary General of OPEC, for a meeting in Bayan Palace, Kuwait City.

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  • JMMC reports highest level of conformity

    The JMMC stated that, based on the Report of the JTC for the Month of November 2017, OPEC and participating Non-OPEC producing countries have shown highest level of conformity with their respective adjustments in production.

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  • Second High-level Meeting of the OPEC-China Energy Dialogue

    [Joint Conclusion] The Second High-level Meeting of the OPEC-China Energy Dialogue was held on 12 December 2017 in Beijing, PR China.

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Speeches

Speeches
  • Opening Remarks by the Chairman of the JMMC

    Delivered by HE Khalid A. Al-Falih, Saudi Arabia's Minister of Energy, Industry and Mineral Resources; and Chairman of the Joint Ministerial Monitoring Committee (JMMC), at the 7th Meeting of the JMMC, 21 January 2018, Muscat, the Sultanate of Oman.

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  • Remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 7th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 21 January 2018, Muscat, the Sultanate of Oman.

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  • Energy at the Crossroads: Seeking New Balance

    Keynote Address delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 5th International Energy Executive Forum 2018, 13 December 2017, Beijing, People’s Republic of China.

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  • Opening Remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 2nd High-Level Meeting of the OPEC-China Energy Dialogue, 12 December 2017, Beijing, People’s Republic of China.

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Oil Market Report

  • Oil Market Report

    January 2018

    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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