Press Releases 2019

OPEC launches 2019 Annual Statistical Bulletin

03 Jun 2019 | The OPEC Secretariat is pleased to announce the release of the 54th edition of the Annual Statistical Bulletin (ASB).

A balanced oil market remains our focus- JMMC

19 May 2019 | Following its 14th Meeting, which took place on 19 May 2019, in Jeddah, the Kingdom of Saudi Arabia, the Joint Ministerial Monitoring Committee (JMMC) has reaffirmed its commitment to achieving a balanced market and working towards oil market stability on a sustainable basis with solid fundamentals.

High-level experts convene for 3rd Joint IEA-IEF-OPEC Technical Meeting on the Interactions between Physical and Financial Energy Markets

28 Mar 2019 | [Joint Press Release] The International Energy Agency (IEA), the International Energy Forum (IEF) and the Organization of the Petroleum Exporting Countries (OPEC) met today at the OPEC Secretariat in Vienna, Austria, to participate in the 3rd Joint IEA-IEF-OPEC Technical Meeting on the Interactions between Physical and Financial Energy Markets. The Technical Meeting is part of the trilateral work programme established by the IEA, IEF and OPEC, and endorsed by energy ministers at the 12th International Energy Forum in Cancún, Mexico, held in March 2010. In addition to the 6 Joint Workshops held over the years, the Joint Technical Meeting represents the 9th event in this ongoing dialogue.

OPEC and non-OPEC participating countries renew commitment to market stabilization - JMMC

18 Mar 2019 | The Joint Ministerial Monitoring Committee (JMMC) convened in Baku, the Republic of Azerbaijan, for its thirteenth meeting on 18 March 2019. The Committee reviewed the monthly report prepared by its Joint Technical Committee (JTC) and recent developments in the global oil market, as well as immediate prospects for the remainder of 2019.

Secretaries General of OPEC and GECF meet in Riyadh

27 Feb 2019 | [Joint Press Release] The Secretary General of the Organization of the Petroleum Exporting Countries (OPEC), HE Mohammad Sanusi Barkindo, and the Secretary General of the Gas Exporting Countries Forum (GECF), HE Yury Sentyurin, met on Wednesday, 27 February 2019, on the margins of the 9th IEA-IEF-OPEC Symposium on Energy Outlooks, held at the International Energy Forum (IEF) Secretariat in Riyadh, Saudi Arabia.

JMMC reports steady and robust performance

18 Jan 2019 | The Joint Ministerial Monitoring Committee (JMMC) has expressed its utmost satisfaction with the steady and robust achievements of the two-year old ‘Declaration of Cooperation’ between OPEC and participating non-OPEC oil producing countries.