The Organization of the Petroleum Exporting Countries (OPEC) is an intergovernmental organization of 13 oil-exporting countries first established in 1960. OPEC’s objective is to co-ordinate and unify petroleum policies among its member countries with the goal of securing fair and stable prices for petroleum producers as well as the economic and regular supply of petroleum to consuming nations.

OPEC produces numerous publications to inform the public about the Organization’s activities, and to disseminate data and information about OPEC member countries and the oil industry in general. The Monthly Oil Market Report analyzes the most important issues facing the world oil market. The World Oil Outlook, WOO, offers OPEC’s medium-to long-term outlook for the global oil market. The Annual Statistical Bulletin, ASB, collects statistical data from all member countries and the world regarding refining and consumption, exports and imports, pipelines and tankers and product output in relation to oil and gas reserves. visit this site