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Following the conclusion of the 27th OPEC and non-OPEC Ministerial Meeting, held via videoconference on March 31, it was noted that continuing oil market fundamentals and the consensus on the outlook pointed to a well-balanced market, and that current volatility is not caused by fundamentals, but by ongoing geopolitical developments. Read more
https://www.opec.org/opec_web/en/17.htm
The OPEC Secretariat is the executive organ of the Organization of the Petroleum Exporting Countries (OPEC). Located in Vienna, it also functions as the Headquarters of the Organization, in accordance with the provisions of the OPEC Statute. Read more Brief History of OPEC
https://en.wikipedia.org/wiki/OPEC
https://www.worldatlas.com/articles/where-is-opec-headquartered.html
The Secretariat is the executive organ of OPEC. It is located in the organization's headquarters in Vienna. The Secretariat implements the resolution passed by the Conference and the decisions agreed upon by the Board of Governors. It is also responsible for conducting research and reporting findings that are vital inputs for decision making.
https://opec.org/opec_web/en/about_us/26.htm
The Secretariat was originally established in 1961 in Geneva, Switzerland. In April 1965, the 8th (Extraordinary) OPEC Conference approved a Host Agreement with the Government of Austria, effectively moving the Organization’s headquarters to the city of Vienna on September 1, 1965. OPEC Secretariat building in Vienna, Austria
https://www.opec.org/opec_web/en/6556.htm
brazzaville, the republic of the congo, 24 august 2021--opec secretary general, he mohammad sanusi barkindo, accompanied by he bruno jean-richard itoua, minister of hydrocarbons of the republic of the congo, met with dr omar farouk ibrahim, secretary general of the african petroleum producers’ organization (appo), during a visit to the …
https://www.opec.org/opec_web/en/contact/356.htm
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https://www.investopedia.com/terms/o/opec.asp
The term Organization of the Petroleum Exporting Countries (OPEC) refers to a group of 13 of the world’s major oil-exporting nations. OPEC was founded in 1960 to coordinate the petroleum ...
https://en.wikipedia.org/wiki/OPEC_siege
On December 21, 1975, Saudi Arabian Minister of Petroleum Ahmed Zaki Yamani and the other oil ministers of the members of OPEC were taken hostage in Vienna, Austria, where the ministers were attending a meeting at the OPEC headquarters at Dr-Karl-Lueger-Ring 10 (renamed Universitätsring in 2012).
https://www.npr.org/2022/03/03/1084396574/all-eyes-on-opec
Transcript Enlarge this image The headquarters of the Organization of the Petroleum Exporting Countries (OPEC) in Vienna. Joe Klamar/AFP via Getty Images A regular …
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