Secretary General’s Corner
Press Corner
OPEC Secretariat receives updated compensation plans from Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, and Oman
16 April 2025
OPEC daily basket price stood at $68,06 a barrel, Wednesday 16 April 2025
17 April 2025
Vienna, Austria, 17 April 2025--The price of OPEC basket of twelve crudes stood at $68,06 a barrel on Wednesday, compared with $67,65 the previous day, according to OPEC Secretariat calculations.
59th Meeting of the Joint Ministerial Monitoring Committee
05 April 2025
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
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.
Research Centre
Publications
The OPEC Secretariat produces numerous publications to inform the public about the Organization's activities, and to disseminate data and information about OPEC Member Countries and the oil industry in general.