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1. OPEC daily basket price stood at $97.48 a barrel Thursday, 28 September 2023 more
2. Why the world needs more oil, not less – Al Ghais more

September 2023

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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Remarks by OPEC Secretary General

Delivered by HE Haitham Al Ghais, OPEC Secretary General, at the G20 Energy Ministerial Meeting, 22 July 2023, Goa, India.
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Address by OPEC Secretary General

Delivered by HE Haitham Al Ghais, OPEC Secretary General, at the Energy Asia conference, 26 June 2023, Kuala Lumpur, Malaysia.
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Address by OPEC Secretary General

Delivered by HE Haitham Al Ghais, OPEC Secretary General, at the 30th Annual Middle East Petroleum and Gas conference (MPGC), 22 May 2023, Dubai, United Arab Emirates.
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OPEC Statement to the UN Climate Change Conference

Delivered by HE Haitham Al Ghais, OPEC Secretary General, at the Resumed High-Level Segment of the UN Climate Change Conference, 16 November 2022, Sharm El-Sheikh, Egypt.
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Historic ‘Algiers Accord’ reaches seven years

The Organization of the Petroleum Exporting Countries (OPEC) today marks the seventh anniversary since the adoption of the historic ‘Algiers Accord’.
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OPEC Statement on peak fossil fuel demand

On the International Energy Agency’s recent Op-Ed published on 12 September 2023, asserting that fossil fuel demand would peak before 2030, OPEC notes that consistent and data-based forecasts do not support this assertion.
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OPEC marks its 63rd Anniversary

The Organization of the Petroleum Exporting Countries (OPEC) today turned 63.
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49th Meeting of the Joint Ministerial Monitoring Committee

The 49th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Friday, 04 August 2023.
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July-August 2023

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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