News:

  • 1. OPEC daily basket price stood at $71,92 a barrel Tuesday, 10 December 2024 more
  • 2. ‘'Age of electricity' to follow looming fossil fuel peak’’: Analysis or Science Fiction? more
  • 3. OPEC’s World Oil Outlook 2024 to be launched in Rio de Janeiro on 24 September more

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Secretary General’s Corner

Secretary General’s Corner
  • Redefining energy transitions

    Article by HE Haitham Al Ghais, OPEC Secretary General.`

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  • All sectors have a role to play in meeting the climate challenge

    Article by HE Haitham Al Ghais, OPEC Secretary General.

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  • Most of what you pay at the pump is taxes

    Article by HE Haitham Al Ghais, OPEC Secretary General.

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Oil Market Report

  • Oil Market Report

    January 2025

    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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Press Releases

Press Releases
  • 189th Meeting of the OPEC Conference concludes

    The 189th (Ordinary) Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) convened today, 10 December 2024, under the Chairmanship of its President, HE Marcel Abeke, Minister of Petroleum of the Gabonese Republic and Head of its Delegation.

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  • Declaration of Cooperation reaches eight years

    The Declaration of Cooperation between OPEC Member Countries and non-OPEC oil-producing countries has turned eight today, 10 December 2024.

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  • 189th OPEC Conference to take place on 10 December

    The 189th (Ordinary) Meeting of the OPEC Conference will take place on Tuesday, 10 December 2024, via videoconference, under the presidency of HE Marcel Abeke, Minister of Petroleum, and President of the Conference for 2024.
     

    The OPEC Conference Ministerial Meeting convenes twice a year to review the general affairs of the Organization and discuss key internal matters.

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  • Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman held a virtual meeting on the sidelines of the 38th OPEC and non-OPEC Ministerial Meeting (ONOMM)

    OPEC plus countries Saudi Arabia, Russia, Iraq, United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, which previously announced additional voluntary adjustments in April 2023 and November 2023 held a virtual meeting on the sideline of the 38th  OPEC and non-OPEC Ministerial Meeting (ONOMM).

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OPEC Bulletin

  • OPEC Bulletin

    November-December 2024

    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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