News:

  • 1. OPEC Secretary General welcomes new Venezuelan Minister more
  • 2. Energy Minister: Alberta reduces oil production by around 1 mb/d, praises OPEC+ agreement more
  • 3. Texas Railroad Commissioner: DoC adjustments bring stability to an energy market ‘in drastic need of it’ more

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Oil Market Report

  • Oil Market Report

    May 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
  • Statement by OPEC Secretary General

    Statement by HE Mohammad Sanusi Barkindo, OPEC Secretary General, to the Intergovernmental Group of Twenty Four (G-24) - Meeting of Ministers and Governors, 16 April 2020, virtual meeting.

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  • Brief high-level remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting, 12 April 2020, via webinar.

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  • Brief high-level remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the Extraordinary G20 Energy Ministers Meeting, 10 April 2020, via webinar.

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  • Brief high-level introductory remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting, 9 April 2020, via webinar.

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Press Releases

Press Releases
  • China and OPEC commit to working together to help stabilize the global oil market

    [Joint Press Release] Administrator of National Energy Administration, People’s Republic of China, HE Zhang Jianhua and delegation, along with HE Wang Qun, Permanent Representative and Ambassador Plenipotentiary and Extraordinary of the Permanent Mission of the People’s Republic of China to the United Nations and other International Organizations in Vienna, met with OPEC Secretary General HE Mohammad Sanusi Barkindo and an OPEC delegation for a “milestone” discussion on 14 May via Webinar.

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  • The 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting concludes

    The 10th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via videoconference, on Sunday, 12 April 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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  • APPO commits to support OPEC+ efforts to stabilize the global oil market

    The African Petroleum Producers' Organization (APPO) has followed with keen interest the Meeting of the OPEC+ or Declaration of Cooperation Partners which held on Thursday 9th April 2020 and the Meeting of the G20 Energy Ministers which held yesterday Friday 10th April 2020 aimed at halting and reversing the unprecedented volatility that came to characterize the global oil market since the beginning of March 2020.

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  • The 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting concludes

    The 9th (Extraordinary) OPEC and non-OPEC Ministerial Meeting was held via webinar, on Thursday, 09 April 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

    Feb-Mar 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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