OPEC to launch 2018 Annual Statistical Bulletin

Vienna, Austria, 6 June 2018--On Thursday, June 7, the OPEC Secretariat will launch the 53rd edition of the Annual Statistical Bulletin (ASB). This year’s edition provides updated statistical data on the oil and natural gas activities of each of OPEC’s 14 Member Countries. It also contains valuable industry data for various countries around the world and for the world’s major economic areas.

The ASB provides a wide range of data on the oil and gas industry worldwide, and provides comprehensive time-series data on many different aspects of the global petroleum industry. Highlights of this year’s edition, which includes statistical data for 2017, include world crude oil production showing a decline; world oil demand rising; total exports of crude oil from OPEC Member Countries falling; and total world proven crude oil reserves decreasing slightly.