OPEC

The OPEC Secretariat is the executive organ of the Organization of the Petroleum Exporting Countries (OPEC). Inter-governmental organization, Vienna, Austria.

Located in Vienna, it also functions as the Headquarters of the Organization, in accordance with the provisions of the OPEC statute.

11/06/2026

Global oil demand in 2027 is forecast to grow by about 1.7 mb/d, y-o-y, following an upward revision of about 0.2 mb/d from last month’s assessment. The OECD is forecast to grow by 0.2 mb/d, while the non-OECD is forecast to grow by about 1.5 mb/d

11/06/2026

With oil prices frequently making headlines, there are many misconceptions about who benefits from the price consumers pay for products such as gasoline, diesel, and jet fuel. This annually updated brochure aims to clarify one of these common misunderstandings by addressing one simple but important question: Who is getting what from the price paid for oil?

Find out more here https://www.opec.org/who-gets-what-from-imported-oil.html

11/06/2026

Global oil demand is forecast to grow by a healthy 1.0 mb/d in 2026, y-o-y. The OECD is forecast to grow by about 0.1 mb/d, while the non-OECD is forecast to grow by about 0.9 mb/d

11/06/2026

The June 2026 edition of ’s Monthly Oil Market Report is now available online.

Download⏬ https://momr.opec.org/pdf-download/

10/06/2026

There's more to oil than just fueling cars. From farm machinery to fertilizers and food packaging, petroleum plays a hidden role in what we eat.

09/06/2026

Oil keeps cities moving, connects people to their homes and workplaces, and powers our daily commute

08/06/2026

Petroleum products enable leisure and sports. From tennis to football gear, oil is part of the play

06/06/2026

Approximately 45% of smartphones are made from petroleum-derived plastics. Components such as cell phone towers, circuit boards, display screens, and durable polycarbonate casings, as well.

From enabling communication and connectivity to supporting the digital economy, oil and its derivatives continue to contribute to technologies that keep the world connected.

05/06/2026

Leisure activities rely on oil

04/06/2026

On the sidelines of SPIEF 2026, HE Haitham Al Ghais, OPEC Secretary General, held a constructive meeting with HE Ricardo Menéndez, Sectoral Vice President for Planning of the Bolivarian Republic of Venezuela and his accompanying delegation.

HE Menendez expressed his appreciation to the efforts placed by OPEC and OPEC+ in enabling sustainable oil market stability and underlined the importance of such ongoing efforts for Venezuela and its national economic growth and development plans.

HE Al Ghais acknowledged the role of Venezuela in OPEC under the able leadership of HE Dr Delcy Rodriguez, Acting President of the Bolivarian Republic of Venezuela, in supporting the decisions of the OPEC and non-OPEC Declaration of Cooperation (DoC) since 2016, and appreciated Venezuela’s role as a founding member of OPEC over the years and decades.

HE Al Ghais also commended the efforts being undertaken by the Venezuelan Government and its oil and gas sector in restoring stability and growth to the critically important energy sector of the country and highlighted its importance for the national economy.

Adresse

Helferstorferstrasse 17
Wien
A-1010

Telefon

+431211120

Webseite

https://www.opec.org/opec_web/en/index.htm

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