News:

  • 1. OPEC daily basket price stood at $67.40 a barrel Friday, 24 May 2019 more
  • 2. OPEC Secretary General interviewed by Bloomberg in Baku, Azerbaijan more
  • 3. OPEC Secretary General interviewed by Bhushan Bahree, senior director of Energy at IHS Markit more

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OPEC Bulletin

  • OPEC Bulletin

    April 2019

    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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Speeches

Speeches
  • Opening Remarks by the Chairman of the JMMC

    Delivered by HE Khalid A. Al-Falih, Saudi Arabia's Minister of Energy, Industry and Mineral Resources; and Chairman of the Joint Ministerial Monitoring Committee (JMMC), at the 14th Meeting of the JMMC, 19 May 2019, Jeddah, Saudi Arabia.

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  • Remarks by OPEC Secretary General at the 14th JMMC Meeting

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 14th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 19 May 2019, Jeddah, Saudi Arabia.

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  • Remarks by the President of the OPEC Conference at the 14th JMMC Meeting

    Delivered by HE Manuel Salvador Quevedo Fernandez, Venezuela’s People's Minister of Petroleum and President of the OPEC Conference, at the 14th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 19 May 2019, Jeddah, Saudi Arabia.

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  • OPEC Secretary General's Acceptance Remarks for the Euroknowledge Oil and Gas African Icon Award

    Delivered on behalf of HE Mohammad Sanusi Barkindo, OPEC Secretary General, by James Griffin, OPEC's Editor/Speechwriter, at the House of Lords, 29 April 2019, London, UK.

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Press Releases

Press Releases
  • A balanced oil market remains our focus- JMMC

    Following its 14th Meeting, which took place on 19 May 2019, in Jeddah, the Kingdom of Saudi Arabia, the JMMC has reaffirmed its commitment to achieving a balanced market and working towards oil market stability on a sustainable basis with solid fundamentals.

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  • High-level experts convene for 3rd Joint IEA-IEF-OPEC Technical Meeting on the Interactions between Physical and Financial Energy Markets

    The IEA, IEF and OPEC met on Thursday, 28 March 2019, at the OPEC Secretariat in Vienna, Austria.

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  • OPEC and non-OPEC participating countries renew commitment to market stabilization - JMMC

    The JMMC convened in Baku, the Republic of Azerbaijan, for its thirteenth meeting on 18 March 2019. The Committee reviewed the monthly report prepared by its JTC and recent developments in the global oil market.

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  • Secretaries General of OPEC and GECF meet in Riyadh

    The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, and the Secretary General of the Gas Exporting Countries Forum (GECF), HE Yury Sentyurin, met on Wednesday, 27 February 2019.

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Oil Market Report

  • Oil Market Report

    May 2019

    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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