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  • 1. OPEC daily basket price stood at $58.94 a barrel Thursday, 20 February 2020 more

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Oil Market Report

  • Oil Market Report

    February 2020

    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 (COP 25/CMP 15/CMA 2)

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the UN Climate Change Conference (COP 25/CMP 15/CMA 2), 10 December 2019, Madrid, Spain.

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  • Remarks by the President of the OPEC Conference

    Delivered by HE Manuel Salvador Quevedo Fernandez, Venezuela's People’s Minister of Petroleum and President of the OPEC Conference 2019, at the 7th OPEC and non-OPEC Ministerial Meeting, 6 December 2019, Vienna, Austria.

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  • Remarks by the OPEC President

    Delivered by HE Manuel Salvador Quevedo Fernandez, Venezuela’s People's Minister of Petroleum and President of the OPEC Conference 2019, at the 17th Meeting of the JMMC, 5 December 2019, Vienna, Austria.

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  • Remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the Austrian-Russian Friendship Society (ORFG), 19 November 2019, Vienna, Austria.

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Press Releases

Press Releases
  • Coronavirus: JTC recommends extending production adjustments to end 2020

    The Minister of Energy of Algeria and President of the OPEC Conference in 2020, HE Mohamed Arkab, has said that following an extraordinary meeting of the Joint Technical Committee (JTC) held in Vienna, from 4-6 Feburary 2020, the JTC has recommended  extending voluntary production adjustments under the ‘Declaration of Cooperation’ process until the end of 2020 and to proceed with an additional adjustment until the end of the second quarter.

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  • The 7th OPEC and non-OPEC Ministerial Meeting concludes

    The 7th OPEC and non-OPEC Ministerial Meeting was held in Vienna, Austria, on Friday, 06 December 2019.

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  • OPEC 177th Meeting concludes

    The 177th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Thursday, 5 December 2019.

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  • Opening address to the 177th Meeting of the OPEC Conference

    Delivered by HE Manuel Salvador Quevedo Fernandez, Venezuela’s People's Minister of Petroleum and President of the OPEC Conference 2019, at the 177th Meeting of the OPEC Conference, 5 December 2019, Vienna, Austria.

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OPEC Bulletin

  • OPEC Bulletin

    Dec 2019 - Jan 2020

    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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