News:

  • 1. OPEC daily basket price stood at $54.59 a barrel Thursday, 21 September 2017 more
  • 2. OPEC Secretary General receives Ambassador of Kazakhstan, HE Kairat Sarybay more
  • 3. OPEC Secretary General attends the World Petroleum Congress in Istanbul more

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Oil Market Report

  • Oil Market Report

    September 2017

    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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Speeches

Speeches
  • Opening Remarks by the Chairman of the JMMC

    Delivered by HE Issam A. Almarzooq, Kuwait’s Minister of Oil and Minister of Electricity and Water, and Chairman of the Joint Ministerial Monitoring Committee (JMMC), at the 5th Meeting of the JMMC, 22 September 2017, Vienna, Austria.

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  • Remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 5th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 22 September 2017, Vienna, Austria.

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  • ‘Reflections on Recent Market Challenges’

    Dinner Address delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the Oxford Energy Seminar, Oxford University, 11 September 2017, UK.

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  • Opening Remarks by the President of the OPEC Conference

    Delivered by HE Khalid A. Al-Falih, Saudi Arabia's Minister of Energy, Industry and Mineral Resources, and President of the OPEC Conference, at the 4th Meeting of the JMMC, 24 July 2017, St. Petersburg, Russia.

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Press Releases

Press Releases
  • JMMC reports highest ever conformity level

    The JMMC stated that based on the Report of the JTC for the month of August 2017, OPEC and participating Non-OPEC producing countries recorded the highest conformity ever with their voluntary adjustments in production, achieving a level of 116%.

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  • OPEC Secretary General meets with new Venezuelan Oil Minister

    OPEC Secretary General, HE Mohammad Sanusi Barkindo, met today with HE Eng. Eulogio Del Pino, Minister of the People’s Ministry of Petroleum of Venezuela at the OPEC Secretariat in Vienna, Austria.

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  • OPEC turns 57 today

    The Fourteenth of September is always a special day for OPEC.  It is the day in 1960 when the five Founding Members of OPEC, Iraq, the Islamic Republic of Iran, Kuwait, Saudi Arabia and Venezuela created OPEC at the historic ‘Baghdad Conference’.  Today is the Organization’s 57th anniversary.

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  • OPEC hosts farewell luncheon for the Russian Ambassador in Vienna, HE Vladimir Voronkov

    The OPEC Secretary General, HE Mohammad Sanusi Barkindo, with members of OPEC Secretariat management, today hosted HE Vladimir Voronkov, Russia's Ambassador in Vienna, to a farewell luncheon.

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OPEC Bulletin

  • OPEC Bulletin

    August-September 2017

    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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