I am pleased to present the 60th edition of OPEC’s Annual Statistical Bulletin (ASB). It is a welcome coincidence that the ASB’s landmark achievement celebrating six decades of success comes as we also celebrate OPEC’s 60th anniversary of being based in the beautiful city of Vienna.

The ASB is one of OPEC’s flagship annual publications, along with the World Oil Outlook and the Monthly Oil Market Report. Its yearly round-up of critical oil and gas data and statistics has become a reputable and trustworthy industry standard, much esteemed by global energy stakeholders across the entire value chain.

At OPEC, data is vital for the Organization’s oil market analysis and forecasting, and we constantly strive to ensure the highest level of accuracy in all that we do. This enables us to make educated and informed decisions based on verifiable facts and figures. We cannot and do not rely on speculation or sentiment.

OPEC’s keen focus on the quality and reliability of data and research underpins our objectives of promoting sustainable oil market stability for the benefit of producers, consumers and the global economy. This insistence on robust, quality data is more important today than ever, given the need to ensure sustainable future energy pathways for all. These pathways must be driven by realities on the ground, with data as the engine moving this forward.

The success of this year’s ASB would not have been possible without the combined efforts of the OPEC Secretariat working in close cooperation with our Member Countries’ experts.

I commend the entire Secretariat team for producing yet another excellent flagship publication that meets the highest standards of quality and excellence. I am confident that this year’s publication will prove of substantial value to stakeholders across the global industry.

Finally, we hope that this product, through the transparency of its data, will serve as a tool that benefits all stakeholders.

Haitham Al Ghais
Secretary General