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

Economic context

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

PreviousLatest
Michigan Consumer Expectations IndexBullish change48.148.5
Michigan Consumer Sentiment IndexBearish change49.848.2
UoM 1-year Consumer Inflation ExpectationsBearish change4.7%4.5%
UoM 5-year Consumer Inflation ExpectationBearish change3.5%3.4%
Average Hourly Earnings (MoM)(no change)0.2%0.2%
Average Hourly Earnings (YoY)Bullish change3.4%3.6%
Labor Force Participation RateBearish change61.9%61.8%
Nonfarm PayrollsBearish change185K115K
U6 Underemployment Rate(no change)-8%-8%
Unemployment Rate(no change)4.3%4.3%
Initial Jobless ClaimsBearish change190K200K
Nonfarm ProductivityBearish change1.8%0.8%
Unit Labor CostsBearish change4.4%2.3%
Challenger Job CutsBullish change60.62K83.687K
ADP Employment ChangeBullish change61K109K
New Home Sales Change (MoM)Bearish change8.9%7.4%
New Home Sales Change (MoM)Bullish change-19.9%8.9%
ISM Services Employment IndexBullish change45.248
ISM Services New Orders IndexBearish change60.653.5
ISM Services PMIBearish change5453.6
ISM Services Prices Paid(no change)70.770.7
JOLTS Job OpeningsBearish change6.922M6.866M
S&P Global Composite PMIBearish change5251.7
Factory Orders (MoM)Bullish change0.3%1.5%
ISM Manufacturing Employment IndexBearish change48.746.4
ISM Manufacturing New Orders IndexBullish change53.554.1
ISM Manufacturing PMI(no change)52.752.7
ISM Manufacturing Prices PaidBullish change78.384.6
Chicago PMIBearish change52.849.2
Core Personal Consumption Expenditures - Price Index (MoM)Bearish change0.4%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change3%3.2%
Core Personal Consumption Expenditures (QoQ)Bullish change2.7%4.3%
Employment Cost IndexBullish change0.7%0.9%
Gross Domestic Product AnnualizedBullish change0.5%2%
Gross Domestic Product Price IndexBearish change3.7%3.6%
Initial Jobless ClaimsBullish change215K189K
Personal Consumption Expenditures - Price Index (MoM)Bullish change0.4%0.7%
Personal Consumption Expenditures - Price Index (YoY)Bullish change2.8%3.5%
Personal Consumption Expenditures Prices (QoQ)Bullish change2.9%4.5%
Personal Income (MoM)Bullish change0%0.6%
Personal SpendingBullish change0.6%0.9%
Fed Interest Rate Decision(no change)3.75%3.75%
Building Permits (MoM)Bearish change1.538M1.372M
Housing Starts (MoM)Bullish change1.356M1.502M
Building Permits (MoM)Bullish change1.386M1.538M
Durable Goods OrdersBullish change-1.2%0.8%
Durable Goods Orders ex DefenseBullish change-1.2%-0.3%
Durable Goods Orders ex TransportationBearish change1.2%0.9%
Housing Starts (MoM)Bearish change1.398M1.356M
Nondefense Capital Goods Orders ex AircraftBullish change1.6%3.3%
Housing Price Index (MoM)Bearish change0.2%0%
ADP Employment Change 4-week averageBearish change40.25K39.25K

About OPEC Meeting

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