OPEC : Home
The OPEC MOMR provides a detailed analysis of oil market developments, including oil supply and demand levels, and trends in the world economy.
Monthly Oil Market Report - OPEC
The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.
World Oil Outlook - OPEC
OPEC’s World Oil Outlook (WOO) is part of the Organization’s commitment to market stability. The publication is a means to highlight and further the understanding of the many possible future challenges and opportunities that lie ahead for the oil industry.
News - OPEC
OPEC’s World Oil Outlook 2024 to be launched in Rio de Janeiro on 24 September. 10 Sep 2024 | Vienna, Austria, 10 September 2024--The Organization of the Petroleum Exporting Countries (OPEC) will launch the 18th edition of its World Oil Outlook (WOO) at ROG.e 2024 in Rio de Janeiro, Federative Republic of Brazil.
About Us - OPEC
OPEC is a permanent intergovernmental organization of 12 oil-exporting developing nations that coordinates and unifies the petroleum policies of its Member Countries.
OPEC Basket Price
The new OPEC Reference Basket (ORB) Introduced on 16 June 2005, is currently made up of the following: Saharan Blend (Algeria), Djeno (Congo), Zafiro (Equatorial Guinea), Rabi Light …
OPEC : Iraq
The country is a Founder Member of OPEC. Did you know? Baghdad was the largest multicultural city of the Middle Ages and was the centre of learning during the Islamic Golden Age. Iraq’s Kirkuk oilfield consists of three domes – Baba, Avanah and Khurmala. It was at the Baba dome that the country’s first productive oil well was drilled in 1927.
OPEC : Libya
Libya's first productive oil well was struck in 1959 at Amal and Zelten, now known as Nasser. The country began exporting oil in 1961. Below data covers 2023
Publications - OPEC
The Monthly Oil Market Report analyzes the most important issues facing the world oil market. Along with supply and demand analysis, it provides an assessment of oil price movements and commodity markets, product markets and refinery operations, stock movements and …
OPEC : Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait ...
Nov 3, 2024 · The OPEC Secretariat noted that the eight OPEC+ countries Saudi Arabia, Russia, Iraq, the United Arab Emirates, Kuwait, Kazakhstan, Algeria, and Oman, which previously announced additional voluntary adjustments in April and November 2023, have agreed to extend the November 2023 voluntary production adjustments of 2.2 million barrels per day for ...