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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.
- Joint Iea-Ief-Opec Reports
The IEA, IEF, and OPEC jointly hosted the Fourth Symposium...
- Opec, Iea, Oecd, WB Joint Report
OPEC, along with the World Bank, the OECD and the IEA was...
- Annual Report
The OPEC Annual Report features a foreword by the Secretary...
- Joint Iea-Ief-Opec Reports
World Oil Outlook 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.
Nov 17, 2021 · As our global economy recovers from the pandemic, energy prices increase as we continue to see inflation throughout the world. Two things that can affect whether prices at the gas pumps continue to increase are OPEC+ and U.S. shale outputs. With people resuming road and air travel, the global oil demand has almost rebounded to pre-pandemic levels.
Jun 15, 2021 · We forecast OPEC’s annual production to average 26.9 million barrels per day (b/d) in 2021 and 28.7 million b/d in 2022. We also forecast that production of petroleum and other liquids in Russia, an OPEC+ participant, will increase and that annual production will average 10.7 million b/d in 2021 and 11.5 million b/d in 2022.
May 12, 2022 · OPEC now sees growth of 3.36 million bpd in 2022 compared to 2021. OPEC: Demand in 2022 is expected to be impacted by ongoing geopolitical developments in Eastern Europe, as well as COVID-19 ...
Sep 1, 2021 · OPEC+ experts on Tuesday revised the 2022 oil demand growth forecast to 4.2 million bpd, up from a previous 3.28 million bpd, potentially building the case for higher output in future. The 2022 ...
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Sep 10, 2021 · OPEC wil likely revise down its 2022 oil demand growth forecast on Monday, two OPEC+ sources said, as the spread of the Delta coronavirus variant puts the speed of a recovery in fuel use in doubt.
