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 - Sunday 1 February 2026 08:00

Trading range

Past events

Date
Sunday 1 February 2026 08:00
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

Economic context

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

PreviousLatest
JOLTS Job OpeningsBearish change6.928M6.542M
Initial Jobless ClaimsBearish change209K231K
Challenger Job CutsBullish change35.553K108.435K
ISM Services Employment IndexBearish change51.750.3
ISM Services New Orders IndexBearish change56.553.1
ISM Services PMI(no change)53.853.8
ISM Services Prices PaidBullish change65.166.6
S&P Global Composite PMIBullish change52.853
ADP Employment ChangeBearish change37K22K
ISM Manufacturing Employment IndexBullish change44.848.1
ISM Manufacturing New Orders IndexBullish change47.457.1
ISM Manufacturing PMIBullish change47.952.6
ISM Manufacturing Prices PaidBullish change58.559
Chicago PMIBullish change43.554
Producer Price Index (MoM)Bullish change0.2%0.5%
Producer Price Index (YoY)(no change)3%3%
Producer Price Index ex Food & Energy (MoM)Bullish change0%0.7%
Producer Price Index ex Food & Energy (YoY)Bullish change3%3.3%
Factory Orders (MoM)Bullish change-1.3%2.7%
Initial Jobless ClaimsBullish change210K209K
Nonfarm Productivity(no change)4.9%4.9%
Unit Labor Costs(no change)-1.9%-1.9%
Fed Interest Rate Decision(no change)3.75%3.75%
Housing Price Index (MoM)Bullish change0.4%0.6%
ADP Employment Change 4-week averageBearish change8K7.75K
Durable Goods OrdersBullish change-2.1%5.3%
Durable Goods Orders ex DefenseBullish change-1.3%6.6%
Durable Goods Orders ex TransportationBullish change0.1%0.5%
Nondefense Capital Goods Orders ex AircraftBullish change0.3%0.7%
Michigan Consumer Expectations IndexBullish change5557
Michigan Consumer Sentiment IndexBullish change5456.4
UoM 1-year Consumer Inflation ExpectationsBearish change4.2%4%
UoM 5-year Consumer Inflation ExpectationBearish change3.4%3.3%
S&P Global Composite PMIBullish change52.752.8
S&P Global Manufacturing PMIBullish change51.851.9
S&P Global Services PMI(no change)52.552.5

About OPEC Meeting

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