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

Economic context

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

PreviousLatest
Initial Jobless ClaimsBearish change200K209K
Producer Price Index (MoM)Bullish change-0.1%0%
Producer Price Index (YoY)Bearish change5.5%4.7%
Producer Price Index ex Food & Energy (MoM)Bearish change0.4%0.2%
Producer Price Index ex Food & Energy (YoY)Bearish change4.7%4.2%
Monthly Budget StatementBearish change$-120B$-432B
Consumer Price Index (MoM)Bullish change-0.4%0.1%
Consumer Price Index (YoY)Bearish change3.5%3.4%
Consumer Price Index ex Food & Energy (MoM)Bullish change0%0.2%
Consumer Price Index ex Food & Energy (YoY)Bearish change2.6%2.5%
Existing Home Sales Change (MoM)Bearish change-1.4%-1.7%
ADP Employment Change 4-week averageBearish change11K8.25K
Average Hourly Earnings (MoM)Bearish change0.3%0.1%
Average Hourly Earnings (YoY)Bearish change3.4%3.2%
Labor Force Participation RateBearish change61.5%61.4%
Nonfarm PayrollsBearish change20K-23K
U6 Underemployment Rate(no change)7.9%7.9%
Unemployment RateBullish change4.2%4.1%
Initial Jobless ClaimsBearish change198K199K
Nonfarm ProductivityBullish change0.8%1.4%
Unit Labor Costs(no change)1.3%1.3%
Challenger Job CutsBearish change45.849K33.429K
ISM Services Employment IndexBearish change51.247.4
ISM Services New Orders IndexBullish change55.157.2
ISM Services PMIBullish change5454.1
ISM Services Prices PaidBullish change67.770.3
S&P Global Composite PMIBullish change53.654.5
ADP Employment ChangeBearish change98K44K
Factory Orders (MoM)Bullish change-1.3%-0.3%
JOLTS Job OpeningsBearish change7.537M7.359M
ISM Manufacturing Employment IndexBullish change49.752.8
ISM Manufacturing New Orders IndexBullish change5656.7
ISM Manufacturing PMIBullish change53.355.6
ISM Manufacturing Prices PaidBearish change7371.1
Michigan Consumer Expectations IndexBullish change5455.4
Michigan Consumer Sentiment IndexBullish change54.455.2
UoM 1-year Consumer Inflation Expectations(no change)4.2%4.2%
UoM 5-year Consumer Inflation Expectation(no change)3.3%3.3%
Chicago PMIBullish change56.757.6
Employment Cost Index(no change)0.9%0.9%

About OPEC Meeting

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