June 19, 2025 8:10 PM
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Oil pump jack and barrel placed on top of international currency notes symbolizing global oil trade and economic impact.

Oil Industry Investments: Why the IEA’s Language Matters

April 15, 2025
A Moment of Clarity for the IEA: Investment Messaging Matters On 7 March 2017, during CERAWeek, the Executive Director of the International Energy...
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Brazil’s Energy Council Greenlights Entry into Charter of Cooperation

Brazil’s Energy Council Greenlights Entry into Charter of Cooperation

April 14, 2025
OPEC Welcomes Brazil’s Decision to Join the Charter of Cooperation OPEC has welcomed the approval by Brazil’s National Energy Council (CNPE), which...
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Opening Words by OPEC Chief

Opening Words by OPEC Chief

April 10, 2025
Delivered by His Excellency Haitham Al Ghais, Secretary General of OPEC, at the 15th IEA-IEF-OPEC Symposium on Energy Outlooks held in Riyadh, Saudi...
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Opening Statement from the OPEC Secretary General

Opening Statement from the OPEC Secretary General

April 10, 2025
Presented by His Excellency Haitham Al Ghais, Secretary General of OPEC, at the 3rd Libya Energy & Economic Summit 2025, themed ‘Libya’s Role as a...
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Joint Ministerial Monitoring Committee – 59th Meeting

Joint Ministerial Monitoring Committee – 59th Meeting

April 9, 2025
The 59th Meeting of the Joint Ministerial Monitoring Committee (JMMC) was held via videoconference on Wednesday, 9 April 2025. The Joint Ministerial...
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As of Tuesday, April 9, 2025, the OPEC daily basket price was recorded at $66.25 per barrel.

As of Tuesday, April 9, 2025, the OPEC daily basket price was recorded at $66.25 per barrel.

April 9, 2025
Vienna, Austria, 09 April 2025 — The price of the OPEC basket of twelve crudes stood at $66.25 per barrel on Monday, reflecting a decrease from $70.85...
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Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm market stability amid a healthier oil outlook.

Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman reaffirm market stability amid a healthier oil outlook.

April 8, 2025
On April 8, 2025, eight OPEC+ members Saudi Arabia, Russia, Iraq, the UAE, Kuwait, Kazakhstan, Algeria, and Oman met virtually to review global market...
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Fourth OPEC Meeting – Africa Energy Dialogue

Fourth OPEC Meeting – Africa Energy Dialogue

April 8, 2025
Today in Abuja, the fourth High-Level Meeting of the OPEC–Africa Energy Dialogue was held on the side lines of the 8th Nigeria International Energy...
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OPEC Receives Updated Plans from Saudi Arabia, Russia, Iraq, UAE, and Others

OPEC Receives Updated Plans from Saudi Arabia, Russia, Iraq, UAE, and Others

April 7, 2025
As agreed during the virtual meeting held by the eight countries with additional voluntary adjustments, including Saudi Arabia, Russia, Iraq, the...
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June 19, 2025 8:10 PM