Press Releases

2019

The 7th OPEC and non-OPEC Ministerial Meeting concludes

06 Dec 2019 | Vienna, Austria

The 7th OPEC and non-OPEC Ministerial Meeting was held in Vienna, Austria, on Friday, 06 December 2019, under the Co-Chairmanship of OPEC’s President, HE Manuel Salvador Quevedo Fernandez, People's Minister of Petroleum of the Bolivarian Republic of Venezuela, and HE Alexander Novak, Minister of Energy of the Russian Federation.

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OPEC 177th Meeting concludes

06 Dec 2019 | Vienna, Austria

The 177th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Thursday, 5 December 2019, under the Chairmanship of its President, HE Manuel Salvador Quevedo Fernandez, People's Minister of Petroleum of the Bolivarian Republic of Venezuela and Head of its Delegation.

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Opening address to the 177th Meeting of the OPEC Conference

05 Dec 2019 | Vienna, Austria

Delivered by HE Manuel Salvador Quevedo Fernandez, Venezuela’s People's Minister of Petroleum and President of the OPEC Conference 2019, at the 177th Meeting of the OPEC Conference, 5 December 2019, Vienna, Austria.

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OPEC's World Oil Outlook 2019 launched in Vienna

05 Nov 2019 | Vienna, Austria

The 2019 OPEC World Oil Outlook (WOO) was launched today at the Wiener Börsensäle in Vienna, Austria. The 13th edition of the WOO presents an in-depth review of the OPEC Secretariat’s medium- to long-term projections and assessment for the global oil and energy industry.

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Third High-level Meeting of the OPEC-China Energy Dialogue

21 Oct 2019 | Vienna, Austria

[Joint Conclusion] The Third High-level Meeting of the OPEC-China Energy Dialogue was held in Vienna, Austria on 21 October 2019. The Meeting was co-chaired by HE Zhang Jianhua, Administrator of the National Energy Administration, People’s Republic of China and OPEC Secretary General, HE Mohammad Sanusi Barkindo. HE Dr. Sun Xiansheng, Secretary General, International Energy Forum, also delivered some opening remarks.

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OPEC's World Oil Outlook to be launched in Vienna on 5 November 2019

10 Oct 2019 | Vienna, Austria

The 2019 OPEC World Oil Outlook (WOO) will be launched at the Wiener Börsensäle in Vienna, Austria, on Tuesday, 5 November 2019 at 9:30 am (CET).

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OPEC, GECF sign MoU to strengthen cooperation

03 Oct 2019 | Vienna, Austria

[Joint Press Release] The Secretaries General of the Organization of the Petroleum Exporting Countries (OPEC) and the Gas Exporting Countries Forum (GECF) today signed a Memorandum of Understanding (MoU) to strengthen cooperation in research and the sharing of best practices.

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Cooperation and commitment more essential than ever- JMMC

12 Sep 2019 | Vienna, Austria

Following its 16th Meeting, which took place on 12 September 2019, in Abu Dhabi, the United Arab Emirates, the Joint Ministerial Monitoring Committee (JMMC) has underscored the critical need for continued commitment to the ‘Declaration of Cooperation’ (DoC) in support of oil market stability on a sustainable basis.

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JMMC reiterated the critical value of commitment to maintain market stability at times of uncertainties

27 Aug 2019 | Vienna, Austria

The Joint Ministerial Monitoring Committee (JMMC) has reviewed the monthly report prepared by its Joint Technical Committee (JTC) and recent developments in the global oil market, as well as near-term prospects in 2019 and 2020.

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The 6th OPEC and non-OPEC Ministerial Meeting concludes

02 Jul 2019 | Vienna, Austria

The 6th OPEC and non-OPEC Ministerial Meeting was held in Vienna, Austria, on Tuesday, 02 July 2019, under the Co-Chairmanship of OPEC’s President, HE Manuel Salvador Quevedo Fernandez, People's Minister of Petroleum of the Bolivarian Republic of Venezuela, and HE Alexander Novak, Minister of Energy of the Russian Federation.

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Opening address to the 176th Meeting of the OPEC Conference

01 Jul 2019 | Vienna, Austria

Delivered by HE Manuel Salvador Quevedo Fernandez, Venezuela’s People's Minister of Petroleum, and President of the OPEC Conference.

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OPEC 176th Meeting concludes

01 Jul 2019 | Vienna, Austria

The 176th Meeting of the Conference of the Organization of the Petroleum Exporting Countries (OPEC) was held in Vienna, Austria, on Monday, 01 July 2019, under the Chairmanship of its President, HE Manuel Salvador Quevedo Fernandez, People's Minister of Petroleum of the Bolivarian Republic of Venezuela and Head of its Delegation.

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OPEC launches 2019 Annual Statistical Bulletin

03 Jun 2019 | Vienna, Austria

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

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A balanced oil market remains our focus- JMMC

19 May 2019 | Vienna, Austria

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.

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

28 Mar 2019 | Vienna, Austria

[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.

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

18 Mar 2019 | Vienna, Austria

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.

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Secretaries General of OPEC and GECF meet in Riyadh

27 Feb 2019 | Riyadh, Saudi Arabia

[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.

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JMMC reports steady and robust performance

18 Jan 2019 | Vienna, Austria

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.

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