News:

  • 1. OPEC daily basket price stood at $45.01 a barrel Monday, 10 August 2020 more
  • 2. IHS Markit interviews OPEC Secretary General on oil market developments more
  • 3. OPEC holds special workshop on secondary sources for oil data more

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Oil Market Report

  • Oil Market Report

    July 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
  • Brief high-level remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 20th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 15 July 2020, via videoconference.

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  • Opening Remarks by the Chairman of the JMMC

    Delivered by HRH Prince Abdul Aziz Bin Salman, Saudi Arabia's Minister of Energy and Chairman of the Joint Ministerial Monitoring Committee (JMMC), at the 20th Meeting of the JMMC, 15 July 2020, via videoconference.

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  • Opening Remarks by the President of the OPEC Conference

    Delivered by HE Abdelmadjid Attar, Algeria’s Minister of Energy and President of the OPEC Conference, at the 20th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 15 July 2020, via videoconference.

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  • Opening Remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at an African Ministerial Roundtable co-hosted by Senegal’s Ministry of Petroleum and the International Energy Agency, 30 June 2020, via videoconference.

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Press Releases

Press Releases
  • JMMC sees improving market conditions and conformity levels

    The 20th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, 15 July 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation.

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  • OPEC launches its 2020 Annual Statistical Bulletin

    The OPEC Secretariat today launched the 55th edition of one of its flagship publications, the Annual Statistical Bulletin (ASB), via videoconference and livestream on the OPEC website (www.opec.org).

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  • GECF and OPEC hold first Technical Meeting via videoconference

    [Joint Press Release] OPEC Secretary General, HE Mohammad Sanusi Barkindo, met with his counterpart at the Gas Exporting Countries Forum, HE Yury Sentyurin, for the inaugural Technical Meeting of the OPEC-GECF Energy Dialogue on 22 June, held via videoconference. The meeting builds upon the bilateral Memorandum of Understanding (MoU) signed last year.

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  • Market rebalancing, full commitment to conformity remains the focus – JMMC

    The 19th Joint Ministerial Monitoring Committee (JMMC) was held via videoconference, on Thursday, 18 June 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation.

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OPEC Bulletin

  • OPEC Bulletin

    June-July 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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