News:

  • 1. OPEC daily basket price stood at $40.91 a barrel Thursday, 22 October 2020 more
  • 2. The Joint Technical Committee convenes for its 45th meeting more
  • 3. OPEC-ECS-OPEC Fund hold second annual legal workshop more

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Oil Market Report

  • Oil Market Report

    October 2020

    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
  • Opening remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 7th Joint IEA-IEF-OPEC Workshop on the Interactions between Physical and Financial Energy Markets, 22 October 2020, via videoconference.

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  • Closing Remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the Launch of the World Oil Outlook 2020, 8 October 2020, via videoconference.

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  • Opening Remarks by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the Launch of the World Oil Outlook 2020, 8 October 2020, via videoconference.

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  • Opening Address by OPEC Secretary General

    Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the First OPEC-AFREC Technical Meeting, 6 October 2020, via videoconference.

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Press Releases

Press Releases
  • High-level experts meet for 7th 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) met today via videoconference for the 7th Joint IEA-IEF-OPEC Workshop on the Interactions between Physical and Financial Energy Markets.

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  • JMMC priority is full conformity by all DoC members

    The 23rd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Monday, 19 October 2020, under the Chairmanship of HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Minister of Energy, and Co-Chair HE Alexander Novak, Minister of Energy of the Russian Federation.

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  • OPEC launches 2020 edition of the World Oil Outlook

    The 2020 OPEC World Oil Outlook (WOO) was launched today in Vienna, Austria, providing the OPEC Secretariat’s in-depth look at the unprecedented scale and impact of the COVID-19 pandemic on the global energy and oil markets, an assessment of the medium- and long-term prospects, as well as analysis of various alternative scenarios and sensitivities that have the potential to impact the petroleum industry in the years ahead.

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  • OPEC conveys its condolences on the sad passing of the Emir of the State of Kuwait

    His Excellency Mohammad Sanusi Barkindo, Secretary General, and the staff at the OPEC Secretariat on learning of the passing of His Highness Sheikh Sabah Al-Ahmad Al-Jaber Al-Sabah, the Emir of the State of Kuwait, offer their sincerest and heartfelt condolences to his family, the State of Kuwait and its people.

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OPEC Bulletin

  • OPEC Bulletin

    August-September 2020

    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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