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Full Speech: H.E. Dr Diamantino Pedro Azevedo remarks at the 17th OPEC and non-OPEC Ministerial Meeting

The global economy, oil market fundamentals and the oil demand outlook have all been encouraged by positive news on vaccine rollouts

Your Excellencies, distinguished delegates, Welcome to the 17th OPEC and non-OPEC Ministerial Meeting. Allow me to begin by extending thanks to His Royal Highness Prince Abdul Aziz Bin Salman, Minister of Energy of Saudi Arabia, and His Excellency Alexander Novak, Deputy Prime Minister of the Russian Federation for their commitment…

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Source: OPEC |

Opening speech by OPEC Secretary General at the 30th Meeting of the Joint Ministerial Monitoring Committee (JMMC)

Delivered by HE Mohammad Sanusi Barkindo, OPEC Secretary General, at the 30th Meeting of the Joint Ministerial Monitoring Committee (JMMC), 1 June 2021, via videoconference

Excellencies, Two months ago today, the 15th OPEC and non-OPEC Ministerial Meeting took the forward-looking step of gradually increasing production, in line with the brightening outlook for both the economy and oil demand. Today marks the start of the second month of the stepped-up production increases, and our compass continues to point in the direction…