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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.

On the occasion of Austria’s National Day,   extends its heartfelt congratulations and best wishes to the Republic of Au...
26/10/2026

On the occasion of Austria’s National Day, extends its heartfelt congratulations and best wishes to the Republic of Austria and its people.

Austria has been home to the OPEC Secretariat for more than six decades, and we are proud to call Vienna our home. We deeply appreciate the warm hospitality, enduring friendship and strong partnership that have characterised our relationship with our gracious host country over the years.

Warmest congratulations to the Republic of Kazakhstan and its people on the occasion of Republic Day.  highly values Kaz...
25/10/2026

Warmest congratulations to the Republic of Kazakhstan and its people on the occasion of Republic Day.

highly values Kazakhstan’s longstanding partnership and contribution to the Declaration of Cooperation, fostering dialogue, cooperation and stability in the global oil market.

In 2025, taxes accounted for 48% of the average final retail price of petroleum products across OECD countries, compared...
24/10/2026

In 2025, taxes accounted for 48% of the average final retail price of petroleum products across OECD countries, compared with 33% for crude oil and 19% for industry margins.

The numbers speak for themselves.

23/10/2026

Where does your money really go at the pump? OECD in focus.

Students from 11 different colleges and universities across the United States, participating in the SIT Study Abroad Pro...
22/10/2026

Students from 11 different colleges and universities across the United States, participating in the SIT Study Abroad Program, hosted in Vienna by the Austro-American Institute of Education, were welcomed today to the Secretariat in Vienna, Austria.

The students had the opportunity to discover more about OPEC’s history, mission and role in the global energy landscape, while exploring key issues shaping the future of energy.

OPEC values opportunities to engage with the public, foster dialogue and promote a deeper understanding of global energy issues.

The OPEC Secretariat held a Statistical Capacity Building Workshop today for technical delegates from Member Country Con...
22/10/2026

The OPEC Secretariat held a Statistical Capacity Building Workshop today for technical delegates from Member Country Congo.��The purpose of this workshop is to provide a collaborative platform for data sharing and technical engagement between the OPEC Secretariat and member country Congo, and to drive continuous improvements in data exchange and deepen understanding of relevant methodologies.��In his welcoming remarks, Dr Ayed Al-Qahtani, the Director of Research Division, noted that “statistical capacity building workshops such as this serve as vital tools for OPEC to support our Member Countries and reinforce the guiding principles of the Organization, including the promotion of credibility, integrity, and transparency in decision-making.”

From hiking boots to helmets, many outdoor essentials are made of oil-derived materials.
22/10/2026

From hiking boots to helmets, many outdoor essentials are made of oil-derived materials.

21/10/2026

Highlights of the 174th Meeting of OPEC's Board of Governors, held at the Secretariat in Vienna, Austria, on 20-21 October 2026.

To meet the growing oil demand, required primary refining capacity additions are projected at 19.3 mb/d at the global le...
21/10/2026

To meet the growing oil demand, required primary refining capacity additions are projected at 19.3 mb/d at the global level.

In addition, required secondary capacity additions over the outlook period are also substantial, with 20.7 mb/d of desulphurization capacity, 10.9 mb/d of conversion capacities and 6.1 mb/d of gasoline upgrading units.

The first day of the 174th Meeting of OPEC’s Board of Governors (BoG) has concluded at the OPEC Secretariat in Vienna.Ch...
20/10/2026

The first day of the 174th Meeting of OPEC’s Board of Governors (BoG) has concluded at the OPEC Secretariat in Vienna.

Chaired by Eng. Yousef Al Salem, Saudi Arabia’s Governor for and Chairman of the BoG, the two-day meeting brings together Governors to deliberate on key administrative, financial and strategic matters concerning the Organization.

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