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  • 1. OPEC daily basket price stood at $83.45 a barrel Monday, 30 January 2023 more

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Oil Market Report

  • Oil Market Report

    January 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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Speeches

Speeches
  • 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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  • Keynote address by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the opening ceremony of the 21st edition of Nigeria Oil and Gas (NOG) Conference and Exhibition, 5 July 2022, Abuja, Nigeria.

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  • Brief remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the launch of OPEC’s history book tilted ‘OPEC 60 years and beyond: A story of courage, cooperation and commitment,’ 19 June 2022, Baghdad, Iraq.

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  • Welcoming remarks by Iraq’s Minister of Oil

    Delivered by HE Ihsan Abdul Jabbar Ismaael, Iraq’s Minister of Oil and Head of its Delegation to OPEC, at the launch of OPEC’s history book tilted ‘OPEC 60 years and beyond: A story of courage, cooperation and commitment,’ 19 June 2022, Baghdad, Iraq.

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Press Releases

Press Releases
  • JMMC reaffirmed their commitment to the DoC which extends to the end of 2023 as agreed in the 33rd OPEC and Non-OPEC Ministerial Meeting (ONOMM) on 5th of October 2022

    The 47th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, 01 February 2023.

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  • Historic Declaration of Cooperation of OPEC and non-OPEC oil-producing countries turns six

    The Declaration of Cooperation (DoC) between OPEC Member Countries and 10 non-OPEC oil-producing countries turned six today, 10 December 2022.

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  • 34th OPEC and non-OPEC Ministerial Meeting

    The 34th OPEC and non-OPEC Ministerial Meeting took place by videoconference on Sunday, 4 December 2022.

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  • OPEC launches 2022 edition of the World Oil Outlook at ADIPEC

    The 2022 OPEC World Oil Outlook (WOO) was today launched at the Abu Dhabi International Petroleum Exhibition and Conference (ADIPEC) 2022 in the United Arab Emirates (UAE). First published in 2007, the WOO offers a detailed review and assessment of the medium- and long-term prospects for the global oil and energy industries to 2045.

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OPEC Bulletin

  • OPEC Bulletin

    November-December 2022

    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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