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Skip to text * Home {home} * About Us * Our Mission * Brief History * Member Countries * Secretariat * Appeals Committe * OPEC Seminar * The OPEC Fund * Press Room * Press Releases * News * Secretary General’s Corner * Speeches * Commentary * Upcoming Events * Environment * Presentations * Data / Graphs * OPEC Basket Price * Taxes on Oil * OPEC Oil Reserves * Historical Production Data * Publications * Bulletins * Reports * Review and Outlook * Background Information * Books * Multimedia * Live Webcast * Photo Gallery * Videos On Demand * Search page * 60th Anniversary * Employment * Tenders * Links * Contact * Feedback * Extranet * Intranet * Webmail Search * * 0102 NEWS: * 1. Al Ghais: It’s about reducing emissions, not oil demand more * 2. OPEC daily basket price stood at $83.60 a barrel Tuesday, 7 May 2024 more * 3. Oil Security: vital for all more HOME SECRETARY GENERAL’S CORNER Previous Next * JOBS MATTER Article by HE Haitham Al Ghais, OPEC Secretary General. Read more * IF OIL DISAPPEARED TOMORROW…. Article by HE Haitham Al Ghais, OPEC Secretary General. Read more * A HISTORY OF ‘UNREALIZED’ PEAKS Article by HE Haitham Al Ghais, OPEC Secretary General. Read more OIL MARKET REPORT * APRIL 2024 The OPEC MOMR provides a detailed analysis of oil market developments, including oil supply and demand levels, and trends in the world economy. Read more PRESS RELEASES Previous Next * OPEC HOLDS CONSTRUCTIVE WORKSHOP BETWEEN IRAQ, KAZAKHSTAN AND SECONDARY SOURCES ON COMPENSATION PLANS The 35th OPEC and non-OPEC Ministerial Meeting (ONOMM) held 04 Jun 2023 reiterated the critical importance of adhering to full conformity, and subscribing to the concept of compensation. Furthermore, the 53rd Meeting of Joint Ministerial Monitoring Committee (JMMC) held on 3 April 2024 stated that participating countries with outstanding overproduced volumes for the months of January, February and March 2024 will submit their detailed compensation plans to the OPEC Secretariat by 30 April 2024. Read more * 53RD MEETING OF THE JOINT MINISTERIAL MONITORING COMMITTEE The 53rd Meeting of the Joint Ministerial Monitoring Committee (JMMC) took place via videoconference on Wednesday, 03 April 2024. Read more * 10TH 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) held the 10th Joint IEA-IEF-OPEC Workshop on the Interactions between Physical and Financial Energy Markets. Read more * THE SEVENTH HIGH-LEVEL MEETING OF THE OPEC-CHINA ENERGY DIALOGUE TAKES PLACE IN VIENNA [Joint Conclusion] The Seventh High-Level Meeting of the OPEC-China Energy Dialogue was held today, 19 March 2024, at the OPEC Secretariat in Vienna, Austria. Read more OPEC BULLETIN * MARCH-APRIL 2024 The publication provides articles on OPEC Secretariat activities, feature stories about the Organization’s Member Countries and a review of energy market developments. Read more [Warning!] Fraudulent Use of the Official Logo and/or Name of OPEC © 2024 Organization of the Petroleum Exporting Countries * Sitemap * Data Policy Disclaimer * Terms and Conditions * Warning * * * * *