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OPEC to attend Iraq Energy Forum 2022
OPEC Secretary General, HE Mohammad Sanusi Barkindo, will participate in the 6th Iraq Energy Forum (IEF) in Baghdad, Iraq, which will be held from 18-20 June 2022.
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28th OPEC and non-OPEC Ministerial Meeting
Following the conclusion of the 28th OPEC and non-OPEC Ministerial Meeting, held via videoconference on 5th May, it was noted that continuing oil market fundamentals and the consensus on the outlook pointed to a balanced market. It further noted the continuing effects of geopolitical factors and issues related to the ongoing pandemic.
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Outcome of the Extraordinary 183rd Meeting of the OPEC Conference
At the Extraordinary 183rd Meeting of the OPEC Conference held via videoconference today, the Conference, in a short meeting, approved with immediate effect, the replacement of the International Energy Agency (IEA) with Wood Mackenzie and Rystad Energy as secondary sources used to assess OPEC Member Countries crude oil production.
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27th OPEC and non-OPEC Ministerial Meeting
Following the conclusion of the 27th OPEC and non-OPEC Ministerial Meeting, held via videoconference on March 31, it was noted that continuing oil market fundamentals and the consensus on the outlook pointed to a well-balanced market, and that current volatility is not caused by fundamentals, but by ongoing geopolitical developments.
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