News:

  • 1. OPEC daily basket price stood at $73.13 a barrel Tuesday, 22 June 2021 more
  • 2. DoC participating countries hold 9th Technical Meeting more
  • 3. OPEC’s Economic Commission Board convenes for its 135th Meeting more

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Oil Market Report

  • Oil Market Report

    June 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
  • Remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 30th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 1 June 2021, via videoconference.

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  • 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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Press Releases

Press Releases
  • OPEC to mark 50th anniversary of Nigeria’s Membership

    The OPEC Secretariat will mark the 50th anniversary of Nigeria joining the Organization on July 12, 2021. Nigeria was unanimously accepted as the then 11th Member of OPEC on July 12, 1971, it was a day of historic importance for both Nigeria and OPEC.

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  • OPEC hosts first Energy Dialogue with Africa

    OPEC, in collaboration with the African Energy Commission (AFREC), the African Petroleum Producers’ Organization (APPO) and African Refiners and Distributors Association (ARDA), joined efforts during the inaugural OPEC-Africa Energy Dialogue to promote continent-wide energy cooperation initiatives.

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  • 17th OPEC and non-OPEC Ministerial Meeting concludes

    The 17th OPEC and non-OPEC Ministerial Meeting (ONOMM), held via videoconference, concluded on Tuesday, 1 June 2021.

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  • 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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OPEC Bulletin

  • OPEC Bulletin

    April-May 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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