OPEC launches its 2024 Annual Statistical Bulletin

Vienna, Austria, 2 July 2024--The Organization of the Petroleum Exporting Countries (OPEC) today launched the 2024 edition of its Annual Statistical Bulletin (ASB).

The publication and its key highlights were presented by HE Haitham Al Ghais, Secretary General of OPEC. The launch featured a presentation, a panel discussion with key OPEC experts and a Q&A session with participants. A special video highlighting the publication’s key findings was also screened during the event.

In its 59th edition, the ASB continues to provide a broad range of data on the global energy and oil industries, in addition to various key economic indicators, serving as a leading and reliable source of data for policymakers, decision-makers, academics and analysts, among others. The publication features data on supply and demand, import and export, exploration, and other activities, including statistics covering OPEC’s 12 Member Countries and 10 countries participating in the Charter of Cooperation (CoC).

In his remarks, the OPEC Secretary General highlighted that “OPEC is very proud of the Annual Statistical Bulletin, which has greatly expanded since its inaugural release in 1965 and continues to go from strength to strength,” noting that its latest edition “contains detailed data on all chains of the oil industry, including key statistics pertaining to OPEC Member Countries and non-OPEC oil-producing countries.”

“OPEC firmly believes that real-world data, grounded in reality rather than ideology, should drive policy formation, including when it comes to planning future energy pathways,” HE Al Ghais stressed, adding that OPEC “believes that the public availability of reliable and transparent data is more crucial than ever in supporting informed decision-making and commentary, especially in today’s complex energy landscape.”

The hybrid event was attended by officials and representatives of OPEC Member Countries and countries participating in the CoC.

The ASB is available as an interactive version and a PDF on the OPEC website, as well as through a smart app compatible with iOS and Android platforms.