OPEC Meeting

The mission of the Organization of the Petroleum Exporting Countries (OPEC) is to coordinate and unify the petroleum policies of its Member Countries and ensure the stabilization of oil markets in order to secure an efficient, economic and regular supply of petroleum to consumers, a steady income to producers and a fair return on capital for those investing in the petroleum industry. It is held in Vienna and it is attended by representatives from 13 oil-rich nations.

Most recent - Saturday 5 July 2025 08:00

Trading range

Past events

Date
Saturday 5 July 2025 08:00
Monday 3 February 2025 08:00
Tuesday 10 December 2024 08:00
Thursday 1 August 2024 08:00
Sunday 2 June 2024 08:00
Wednesday 3 April 2024 08:00
Thursday 1 February 2024 08:00
Thursday 30 November 2023 08:00
Wednesday 4 October 2023 08:00
Thursday 3 August 2023 08:00
Sunday 4 June 2023 08:00
Monday 3 April 2023 08:00
Wednesday 1 February 2023 08:00
Sunday 4 December 2022 08:00

Economic context

Recent economic data has been moderately bearish for USD. The following recent announcements may affect the market reaction to OPEC Meeting:

PreviousLatest
Michigan Consumer Sentiment IndexBearish change5553.6
UoM 1-year Consumer Inflation Expectations(no change)4.6%4.6%
UoM 5-year Consumer Inflation ExpectationBullish change3.7%3.9%
Michigan Consumer Expectations IndexBearish change51.250.3
Consumer Price Index (MoM)Bearish change0.4%0.3%
Consumer Price Index (YoY)Bullish change2.9%3%
Consumer Price Index ex Food & Energy (MoM)Bearish change0.3%0.2%
Consumer Price Index ex Food & Energy (YoY)Bearish change3.1%3%
Existing Home Sales Change (MoM)Bullish change-0.2%1.5%
Philadelphia Fed Manufacturing SurveyBearish change23.2-12.8
NY Empire State Manufacturing IndexBullish change-8.710.7

About OPEC Meeting

Country:United States
Currency:USD
Source:Organization of the Petroleum Exporting Countries
Category:Energy
Frequency:Irregular
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