News:

  • 1. OPEC daily basket price stood at $77.08 a barrel Friday, 21 September 2018 more
  • 2. In pilgrimage tour, OPEC’s Secretary General visits India’s historic Digboi Refinery, first oil well more
  • 3. OPEC’s Secretary General meets with India’s Petroleum and Natural Gas Minister more

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Oil Market Report

  • Oil Market Report

    September 2018

    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 10th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 23 September 2018, Algiers, Algeria.

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  • Opening Remarks by the President of the OPEC Conference

    Delivered by HE Suhail Mohamed Al Mazrouei, UAE's Minister of Energy and Industry; and President of the OPEC Conference, at the 10th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 23 September 2018, Algiers, Algeria.

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  • Speech by Algeria's Minister of Energy

    Delivered by HE Mustapha Guitouni, Algeria's Minister of Energy, at the 10th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 23 September 2018, Algiers, Algeria.

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  • 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 10th Meeting of the JMMC, 23 September 2018, Algiers, Algeria.

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Press Releases

Press Releases
  • OPEC's World Oil Outlook 2018 launched in Algiers

    The 2018 OPEC World Oil Outlook (WOO) was launched today in Algiers, Algeria. First published in 2007, the WOO offers a thorough review and assessment of the medium- and long-term prospects to 2040 for the global oil industry.

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  • JMMC meets in Algiers to monitor developments in the oil market

    The JMMC convened in Algiers, Algeria for its tenth meeting, on 23 September 2018. The Committee reviewed the monthly report prepared by its Joint Technical Committee (JTC) and the short-term developments in the global oil market, including prospects for 2019.

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  • OPEC: 58 today

    On this day in 1960, the five Founding Fathers of OPEC, Juan Pablo Pérez Alfonzo of Venezuela, Abdullah al-Tariki of Saudi Arabia, Dr Tala’at al-Shaibani of Iraq, Dr Fuad Rouhani of IR Iran and Ahmed Sayed Omar of Kuwait came together in Baghdad to establish OPEC.

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  • OPEC's World Oil Outlook to be launched in Algiers on 23 September 2018

    The 2018 OPEC World Oil Outlook (WOO) will be presented at a press conference to be held at the El Aurassi Hotel in Algiers, Algeria, on Sunday, 23 September 2018 at 3:15 pm (Algiers time).

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OPEC Bulletin

  • OPEC Bulletin

    August-September 2018

    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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