News 2019

OPEC daily basket price stood at $60.06 a barrel Friday, 18 October 2019

21 Oct 2019 | Vienna, Austria, 21 October 2019--The price of OPEC basket of fourteen crudes stood at $60.06 a barrel on Friday, compared with $59.54 the previous day, according to OPEC Secretariat calculations. (View Archives).

OPEC Secretary General interviewed by Bloomberg in London

10 Oct 2019 | OPEC Secretary General, HE Mohammad Sanusi Barkindo, talks to Bloomberg's Annmarie Hordern, about the current oil market situation, on the sidelines of the 40th Oil & Money conference in London.

Bill Gates tells FT divestment from fossil fuels is not the answer

19 Sep 2019 | In an interview published in the Financial Times on 17 September, Microsoft co-founder and prominent philanthropist Bill Gates says divestment from fossil fuels is not the solution to combatting climate change. Instead, he points to what he calls disruptive technologies and cutting-edge private sector energy companies as the most effective methods for reducing carbon emissions.

Saudi Energy Minister interviewed by CNN

10 Sep 2019 | HRH Prince Abdul Aziz Bin Salman, Saudi Arabia’s Energy Minister, was interviewed by CNN on the sidelines of the World Energy Congress in Abu Dhabi, UAE.

OPEC Secretary General congratulates staff on the New Islamic Year

30 Aug 2019 | Vienna, Austria, 30 August 2019--OPEC Secretary General, HE Mohammad Sanusi Barkindo, congratulated the Organization’s staff on the New Islamic Year - the Hijri year. HE Barkindo said: “The year 1440 was one of bountiful achievement for OPEC, but I think a particular highlight has to be the endorsement of the ‘Charter of Cooperation,’ which will herald a new era of dialogue and even greater teamwork between OPEC and our partners.”

Iraq’s Minister of Oil: Cooperation will enhance market stability and investment potential

12 Jul 2019 | The extension of production adjustments under the ‘Declaration of Cooperation’ (DoC) will help stabilize the market and reduce price volatility, says HE Thamir Abbas Al-Ghadhban, Iraq’s Minister of Oil, who also praised the “very good” atmosphere between the 14 OPEC countries and their 10 non-OPEC partners.

OPEC highlights its 2020 oil market forecast in the July Monthly Oil Market Report (MOMR), released today

11 Jul 2019 | Vienna, Austria, 11 July 2019.

OPEC Secretary General interviewed by Bloomberg in Baku, Azerbaijan

19 Mar 2019 | HE Mohammad Sanusi Barkindo speaks to Bloomberg about the positive outcome of the 13th Meeting of the Joint Ministerial Monitoring Committee (JMMC), and the current oil market environment.

OPEC Secretary General interviewed by Bhushan Bahree, senior director of Energy at IHS Markit

18 Mar 2019 | HE Mohammad Sanusi Barkindo, OPEC Secretary General, talks to Bhushan Bahree, senior director of Energy at IHS Markit, about the current oil market environment at CERA Week 2019.

OPEC Secretary General holds a Press Briefing at CERA Week 2019

18 Mar 2019 | HE Mohammad Sanusi Barkindo, OPEC Secretary General, held a Press Briefing at CERA Week 2019 in Houston, Texas.

OPEC Secretary General interviewed by CNBC at CERAWeek 2019

13 Mar 2019 | OPEC Secretary General, HE Mohammad Sanusi Barkindo, emphasizes key oil market challenges and the importance of the ‘Declaration of Cooperation’ in helping maintain market balance and stability in 2019, during an interview with Brian Sullivan, news anchor at CNBC.

OPEC Secretary General congratulates Nigerian President Muhammadu Buhari on his reelection

27 Feb 2019 | Vienna, Austria, 27 February 2019--OPEC Secretary General, HE Mohammad Sanusi Barkindo, has extended his congratulations to HE Muhammadu Buhari, President of the Federal Republic of Nigeria, following his election victory.