News:

  • 1. OPEC daily basket price stood at $95.01 a barrel Thursday, 21 September 2023 more
  • 2. Why the world needs more oil, not less – Al Ghais more

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Oil Market Report

  • Oil Market Report

    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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Speeches

Speeches
  • 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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Press Releases

Press Releases
  • 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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  • OPEC’s Annual Statistical Bulletin (ASB 2023) launched on 11 July 2023

    The Organization of the Petroleum Exporting Countries (OPEC) launched the 2023 edition of its Annual Statistical Bulletin (ASB) on Tuesday, 11 July 2023, at 14:00 (CEST) at the OPEC Secretariat in Vienna, Austria. The event was held in a hybrid format.

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OPEC Bulletin

  • OPEC Bulletin

    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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