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News
  • OPEC daily basket price stood at $77,22 a barrel, Monday 10 February 2025

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  • ‘'Age of electricity' to follow looming fossil fuel peak’’: Analysis or Science Fiction?

    Vienna, Austria, 18 October 2024--In launching its World Energy Outlook 2024 (WEO), the IEA stated that “the future of the global energy system is electric.” This follows its assertion that demand for coal, oil and gas will peak by the end of the decade. Furthermore, the IEA’s Executive Director stated, “In energy history, we’ve witnessed the Age of Coal and the Age of Oil – and we’re now moving at speed into the Age of Electricity, which will define the global energy system.”

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  • OPEC’s World Oil Outlook 2024 to be launched in Rio de Janeiro on 24 September

    Vienna, Austria, 10 September 2024--The Organization of the Petroleum Exporting Countries (OPEC) will launch the 18th edition of its World Oil Outlook (WOO) at ROG.e 2024 in Rio de Janeiro, Federative Republic of Brazil.

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Press Releases

Press Releases
  • 58th Meeting of the Joint Ministerial Monitoring Committee

    The 58th Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Monday, 03 February 2025.

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  • 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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Secretary General’s Corner

Secretary General’s Corner
  • Net zero: hype versus reality

    Article by HE Haitham Al Ghais, OPEC Secretary General.

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  • 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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