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

Economic context

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

PreviousLatest
Average Hourly Earnings (MoM)(no change)0.3%0.3%
Average Hourly Earnings (YoY)Bullish change3.4%3.5%
Initial Jobless ClaimsBullish change216K215K
Labor Force Participation RateBearish change61.8%61.5%
Nonfarm PayrollsBearish change129K57K
U6 Underemployment RateBullish change8.1%7.9%
Unemployment RateBullish change4.3%4.2%
ISM Manufacturing Employment IndexBullish change48.649.7
ISM Manufacturing New Orders IndexBearish change56.856
ISM Manufacturing PMIBearish change5453.3
ISM Manufacturing Prices PaidBearish change82.173
ADP Employment ChangeBearish change122K98K
Challenger Job CutsBearish change97.006K45.849K
JOLTS Job OpeningsBullish change7.585M7.594M
Chicago PMIBearish change62.756.7
Housing Price Index (MoM)Bearish change0.2%-0.1%
Michigan Consumer Expectations IndexBullish change49.350.7
Michigan Consumer Sentiment IndexBullish change48.949.5
UoM 1-year Consumer Inflation Expectations(no change)4.6%4.6%
UoM 5-year Consumer Inflation ExpectationBearish change3.4%3.3%
Core Personal Consumption Expenditures - Price Index (MoM)(no change)0.3%0.3%
Core Personal Consumption Expenditures - Price Index (YoY)Bullish change3.3%3.4%
Core Personal Consumption Expenditures (QoQ)(no change)4.4%4.4%
Durable Goods OrdersBearish change8.5%-4.5%
Durable Goods Orders ex DefenseBearish change8.4%-4.6%
Durable Goods Orders ex TransportationBearish change1.4%1.3%
Gross Domestic Product AnnualizedBullish change1.6%2.1%
Gross Domestic Product Price IndexBullish change3.5%3.6%
Initial Jobless ClaimsBullish change227K215K
Nondefense Capital Goods Orders ex AircraftBullish change-0.7%1.6%
Personal Consumption Expenditures - Price Index (MoM)(no change)0.4%0.4%
Personal Consumption Expenditures - Price Index (YoY)Bullish change3.8%4.1%
Personal Consumption Expenditures Prices (QoQ)Bullish change4.5%4.6%
Personal Income (MoM)Bullish change0%0.7%
Personal SpendingBullish change0.4%0.7%
New Home Sales Change (MoM)Bearish change-5.7%-7.3%
S&P Global Composite PMIBullish change51.552.2
S&P Global Manufacturing PMIBullish change55.155.7
S&P Global Services PMIBullish change50.751.3
ADP Employment Change 4-week averageBullish change26.5K30.75K

About OPEC Meeting

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