Statute - OPEC
eign equality of its Member Countries. Member Countries shall fulfil, in good faith, the obligations assumed by them in accordance with this Statute. Article 4 If, as a result of the application of any decision of the Organiza-tion, sanctions are employed, directly or indirectly, by any interested
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www.opec.orgOrganization of the Petroleum Exporting Countries Helferstorferstrasse 17, A-1010 Vienna, Austria E-mail: prid(at)opec.org Website: www.opec.org
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www.opec.orgReview of recent global oil demand trends World oil demand growth exceeded 1.40 mb/d for the third consecutive year to register an increase of 1.6 mb/d in 2017. Total global demand is now near the 97.0 mb/d threshold. Cumulatively, between 2015 and 2017, the
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