The Organization of the Petroleum Exporting Countries (OPEC) launched the 2026 edition of its Annual Statistical Bulletin (ASB) on Wednesday, 29 April 2026, at 14:00 (CEST) at the OPEC Secretariat in Vienna, Austria. The event was held via videoconference.
The publication and its key highlights were presented by HE Haitham Al Ghais, OPEC Secretary General, followed by a welcoming address from Dr. Jakob Mullner, Associate Professor and Academic Director at the WU Executive Academy, the technical sponsor of the event. After a presentation and video featuring the publication's highlights, the launch event concluded with a panel discussion with key experts from the Secretariat's Research Division.
First published in 1965, the ASB, one of the Organization's flagship publications, continues to provide a broad range of statistics and figures on the global energy industry. Particularly focusing on oil and natural gas, in addition to major key economic indicators, the ASB serves as a leading source of reliable data for officials, policymakers, industry experts, analysts, researchers, members of academia and other stakeholders. The publication features comprehensive information on the global oil and gas supply chain, particularly on OPEC's 12 Member Countries and 10 participating countries in the Charter of Cooperation (CoC), as well as many other countries grouped by geographical region and major economic zones all over the world.
Key highlights of the ASB, comprising data up to the end of 2025, are as follows:
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- World oil demand grew by 1.30 mb/d, y-o-y, to reach an average of 105.15 mb/d in 2025. Oil demand grew, y-o-y, in almost every region, with the largest gains recorded in Non-OECD Asia, China, Africa, Latin America, India and the Middle East. Oil demand in OPEC Member Countries was firm in 2025, gaining 0.17 mb/d, y-o-y.
- Total world crude oil production increased in 2025 by 2.24 million barrels/day (mb/d) compared to 2024, reaching an average of 74.85 mb/d. Crude oil production from OPEC Member Countries and non-OPEC oil-producing countries participating in the Declaration of Cooperation (DoC) increased, year-on-year (y-o-y), by 1.22 mb/d and 0.12 mb/d respectively, while crude production from non-DoC countries rose by 0.90 mb/d.
- World refining capacity increased slightly in 2025 by 0.05 mb/d, y-o-y, to stand at 103 .66 mb/d. The non-OECD region, particularly Other Asia, India, Middle East and China recorded refining capacity additions. Globally, refinery throughput increased by 1.17 mb/d to reach 86.89 mb/d in 2025, driven by higher run rates in OECD Americas and the non-OECD region, including China, Africa, India and the Middle East.
- OPEC Member Countries exported an average of 19.85 mb/d of crude oil in 2025, an increase of 0.85 mb/d compared to 2024. Following the pattern of previous years, the bulk of crude oil from OPEC Member Countries - 14.79 mb/d - was exported to Asia. Exports of petroleum products from OPEC Member Countries averaged 5.31 mb/d during 2025, up by 0.24 mb/d compared to 2024.
- Details of the world proven crude oil reserves can also be found in the ASB.
The publication is available as an interactive version and as PDF download on the OPEC website, as well as through a Smart App compatible with iOS and Android platforms.
