News:

  • 1. OPEC daily basket price stood at $67.49 a barrel Thursday, 6 May 2021 more
  • 2. IEA-IEF-OPEC Symposium discusses COVID-19 recovery, post-pandemic prospects more
  • 3. OPEC Secretary General conveys his condolences to the people of Iraq following tragic fire at Ibn Al-Khatib Hospital more

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Oil Market Report

  • Oil Market Report

    April 2021

    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
  • Verbal statement by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the International Monetary and Financial Committee Meeting, 8 April 2021, via videoconference.

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  • Opening remarks by the President of the OPEC Conference

    Delivered by HE Dr Diamantino Pedro Azevedo, Angola’s Minister of Mineral Resources and Petroleum and President of the OPEC Conference, at the 15th OPEC and non-OPEC Ministerial Meeting, 1 April 2021, via videoconference.

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  • Opening remarks by the Chairman of the OPEC and non-OPEC Ministerial Meeting

    Delivered by HRH Prince Abdul Aziz Bin Salman, Saudi Arabia's Minister of Energy and Chairman of the OPEC and non-OPEC Ministerial Meeting, at the 15th OPEC and non-OPEC Ministerial Meeting, 1 April 2021, via videoconference.

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  • Remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 15th OPEC and non-OPEC Ministerial Meeting, 1 April 2021, via videoconference.

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Press Releases

Press Releases
  • OPEC and non-OPEC Ministerial Meeting highlights importance of ongoing rebalancing efforts

    The 16th OPEC and non-OPEC Ministerial Meeting of the Declaration of Cooperation (DoC) took place via teleconference on Tuesday, 27 April 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.

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  • 15th OPEC and non-OPEC Ministerial Meeting concludes

    The 15th Meeting of OPEC and non-OPEC Ministers took place via videoconference on Thursday, 1 April 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.

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  • OPEC welcomes Saudi Arabia’s new green initiatives

    The Organization of the Petroleum Exporting Countries (OPEC) welcomes two new initiatives by the Kingdom of Saudi Arabia which aim to reduce emissions and the region’s environmental footprint.

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  • 14th OPEC and non-OPEC Ministerial Meeting

    The 14th Meeting of OPEC and non-OPEC Ministers took place via video conference on Thursday March 4, 2021, under the Chairmanship of HRH Prince Abdul Aziz bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Deputy Prime Minister of the Russian Federation.

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OPEC Bulletin

  • OPEC Bulletin

    February-March 2021

    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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