Press Room

press room banner

News

News
  • OPEC daily basket price stood at $83.43 a barrel Monday, 13 May 2024

    Read more
  • Al Ghais: It’s about reducing emissions, not oil demand

    Vienna, Austria, 26 April 2024--OPEC Secretary General, HE Haitham Al Ghais, wrote an opinion piece for the media platform Middle East Economic Survey (MEES) entitled “It’s about reducing emissions, not oil demand”, in which he challenged recent narratives alluding to “the end of oil”.

    Read more
  • Oil Security: vital for all

    Vienna, Austria, 13 March 2024--We took note of the International Energy Agency (IEA) reaffirming the significance of oil security to energy transitions in its most recent commentary: ‘A strong focus on oil security will be critical throughout the clean energy transition’.

    Read more

Press Releases

Press Releases
  • OPEC holds constructive workshop between Iraq, Kazakhstan and secondary sources on compensation plans

    The 35th OPEC and non-OPEC Ministerial Meeting (ONOMM) held 04 Jun 2023 reiterated the critical importance of adhering to full conformity, and subscribing to the concept of compensation. Furthermore, the 53rd Meeting of Joint Ministerial Monitoring Committee (JMMC) held on 3 April 2024 stated that participating countries with outstanding overproduced volumes for the months of January, February and March 2024 will submit their detailed compensation plans to the OPEC Secretariat by 30 April 2024.

    Read more
  • 53rd Meeting of the Joint Ministerial Monitoring Committee

    The 53rd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, 03 April 2024.

    Read more
  • 10th Joint IEA-IEF-OPEC Workshop on the Interactions between Physical and Financial Energy Markets

    [Joint Press Release] The International Energy Agency (IEA), the International Energy Forum (IEF) and the Organization of the Petroleum Exporting Countries (OPEC) held the 10th Joint IEA-IEF-OPEC Workshop on the Interactions between Physical and Financial Energy Markets.

    Read more
  • The Seventh High-Level Meeting of the OPEC-China Energy Dialogue takes place in Vienna

    [Joint Conclusion] The Seventh High-Level Meeting of the OPEC-China Energy Dialogue was held today, 19 March 2024, at the OPEC Secretariat in Vienna, Austria.

    Read more

Secretary General’s Corner

Secretary General’s Corner
  • Jobs matter

    Article by HE Haitham Al Ghais, OPEC Secretary General.

    Read more
  • If oil disappeared tomorrow….

    Article by HE Haitham Al Ghais, OPEC Secretary General.

    Read more
  • A history of ‘unrealized’ peaks

    Article by HE Haitham Al Ghais, OPEC Secretary General.

    Read more
  • COP28 on the horizon: focusing on a holistic approach to the energy system

    Article by HE Haitham Al Ghais, OPEC Secretary General.

    Read more