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
ADP Employment Change 4-week averageBullish change10K12K
Average Hourly Earnings (MoM)Bullish change0.2%0.3%
Average Hourly Earnings (YoY)Bearish change3.2%3.1%
Labor Force Participation RateBullish change61.4%61.6%
Nonfarm PayrollsBullish change21K162K
U6 Underemployment RateBullish change7.9%7.7%
Unemployment Rate(no change)4.1%4.1%
ISM Services Employment IndexBullish change47.447.8
ISM Services New Orders IndexBullish change57.260.9
ISM Services PMIBullish change54.155.4
ISM Services Prices PaidBullish change70.372.6
S&P Global Composite PMI(no change)5656
Initial Jobless ClaimsBearish change204K206K
Nonfarm Productivity(no change)1.4%1.4%
Unit Labor CostsBearish change1.3%1.2%
Challenger Job CutsBullish change33.429K52.881K
Factory Orders (MoM)Bullish change-0.2%0.9%
ADP Employment ChangeBearish change46K38K
ISM Manufacturing Employment IndexBearish change52.851.2
ISM Manufacturing New Orders IndexBearish change56.753.7
ISM Manufacturing PMIBearish change55.654.6
ISM Manufacturing Prices Paid(no change)71.171.1
JOLTS Job OpeningsBullish change7.182M7.271M
Chicago PMIBearish change57.647.1
Michigan Consumer Expectations IndexBullish change50.651.5
Michigan Consumer Sentiment IndexBullish change5151.7
UoM 1-year Consumer Inflation ExpectationsBearish change4.3%4%
UoM 5-year Consumer Inflation Expectation(no change)3.3%3.3%
Initial Jobless ClaimsBullish change207K203K

About OPEC Meeting

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