<PAGE> PAGE 1
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001 A000000 OPPENHEIMER QUEST GLOBAL VALUE FUND, INC.
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002 A000000 TWO WORLD TRADE CENTER
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012 C010001 DENVER
012 C020001 CO
012 C030001 80217
018 000000 Y
019 A000000 Y
019 B000000 48
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020 A000001 CAPEL (JAMES), INC.
020 B000001 52-1348224
020 C000001 33
020 A000002 NIKKO SECURITIES CO. INTERNATIONAL, INC.
020 B000002 94-1302123
020 C000002 29
020 A000003 KLEINWORT BENSON NORTH AMERICA, INC.
020 B000003 13-2647786
020 C000003 19
020 A000004 GOLDMAN, SACHS & CO.
020 B000004 13-5108880
020 C000004 16
020 A000005 MORGAN STANLEY & CO., INC.
<PAGE> PAGE 2
020 B000005 13-2655998
020 C000005 16
020 A000006 SALOMON BROTHERS, INC.
020 B000006 13-3082694
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020 A000007 DEUTSCHE BANK CAPITAL CORP.
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020 A000008 MORGAN (J.P.) SECURITIES, INC.
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020 A000009 WARBURG, S.G. & CO., INC.
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020 A000010 MERRILL LYNCH, PIERCE, FENNER, & SMITH, INC.
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022 C000005 5033
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<PAGE> PAGE 3
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<PAGE> PAGE 5
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<PAGE> PAGE 7
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SIGNATURE GEORGE C. BOWEN
TITLE TREASURER
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 863250
<NAME> Oppenheimer Quest Global Value Fund, Inc.-A
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 241,220,574
<INVESTMENTS-AT-VALUE> 320,455,397
<RECEIVABLES> 2,832,032
<ASSETS-OTHER> 40,852
<OTHER-ITEMS-ASSETS> 20,866,461
<TOTAL-ASSETS> 344,194,742
<PAYABLE-FOR-SECURITIES> 1,562,351
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22,143,251
<TOTAL-LIABILITIES> 23,705,602
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 236,112,476
<SHARES-COMMON-STOCK> 13,097,978
<SHARES-COMMON-PRIOR> 11,648,467
<ACCUMULATED-NII-CURRENT> 135,035
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5,000,074
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 79,241,555
<NET-ASSETS> 230,408,544
<DIVIDEND-INCOME> 2,153,420
<INTEREST-INCOME> 747,114
<OTHER-INCOME> 27,403
<EXPENSES-NET> 2,577,678
<NET-INVESTMENT-INCOME> 350,259
<REALIZED-GAINS-CURRENT> 5,380,478
<APPREC-INCREASE-CURRENT> 22,580,852
<NET-CHANGE-FROM-OPS> 28,311,589
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 68,106
<DISTRIBUTIONS-OF-GAINS> 6,430,678
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 2,298,903
<NUMBER-OF-SHARES-REDEEMED> 1,252,130
<SHARES-REINVESTED> 402,738
<NET-CHANGE-IN-ASSETS> 73,705,420
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 7,941,027
<OVERDISTRIB-NII-PRIOR> 147,118
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,026,250
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,577,678
<AVERAGE-NET-ASSETS> 206,157,000
<PER-SHARE-NAV-BEGIN> 16.48
<PER-SHARE-NII> 0.03
<PER-SHARE-GAIN-APPREC> 1.64
<PER-SHARE-DIVIDEND> 0.01
<PER-SHARE-DISTRIBUTIONS> 0.55
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<PER-SHARE-NAV-END> 17.59
<EXPENSE-RATIO> 1.75
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
WARNING: THE EDGAR SYSTEM ENCOUNTERED ERROR(S) WHILE PROCESSING THIS SCHEDULE.
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 863250
<NAME> Oppenheimer Quest Global Value Fund, Inc.-B
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 241,220,574
<INVESTMENTS-AT-VALUE> 320,455,397
<RECEIVABLES> 2,832,032
<ASSETS-OTHER> 40,852
<OTHER-ITEMS-ASSETS> 20,866,461
<TOTAL-ASSETS> 344,194,742
<PAYABLE-FOR-SECURITIES> 1,562,351
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22,143,251
<TOTAL-LIABILITIES> 23,705,602
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 236,112,476
<SHARES-COMMON-STOCK> 3,734,357
<SHARES-COMMON-PRIOR> 2,377,524
<ACCUMULATED-NII-CURRENT> 135,035
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5,000,074
<OVERDISTRIBUTION-GAINS> 0
<ACCUM-APPREC-OR-DEPREC> 79,241,555
<NET-ASSETS> 64,581,248
<DIVIDEND-INCOME> 2,153,420
<INTEREST-INCOME> 747,114
<OTHER-INCOME> 27,403
<EXPENSES-NET> 2,577,678
<NET-INVESTMENT-INCOME> 350,259
<REALIZED-GAINS-CURRENT> 5,380,478
<APPREC-INCREASE-CURRENT> 22,580,852
<NET-CHANGE-FROM-OPS> 28,311,589
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 1,344,531
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 1,478,852
<NUMBER-OF-SHARES-REDEEMED> 202,657
<SHARES-REINVESTED> 80,638
<NET-CHANGE-IN-ASSETS> 73,705,420
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 7,941,027
<OVERDISTRIB-NII-PRIOR> 147,118
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,026,250
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,577,678
<AVERAGE-NET-ASSETS> 49,090,000
<PER-SHARE-NAV-BEGIN> 16.25
<PER-SHARE-NII> 0.01
<PER-SHARE-GAIN-APPREC> 1.58
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.55
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.29
<EXPENSE-RATIO> 2.29
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<TABLE> <S> <C>
<ARTICLE> 6
<CIK> 863250
<NAME> Oppenheimer Quest Global Value Fund, Inc.-C
<S> <C>
<PERIOD-TYPE> 6-MOS
<FISCAL-YEAR-END> NOV-30-1997
<PERIOD-START> DEC-01-1996
<PERIOD-END> MAY-31-1997
<INVESTMENTS-AT-COST> 241,220,574
<INVESTMENTS-AT-VALUE> 320,455,397
<RECEIVABLES> 2,832,032
<ASSETS-OTHER> 40,852
<OTHER-ITEMS-ASSETS> 20,866,461
<TOTAL-ASSETS> 344,194,742
<PAYABLE-FOR-SECURITIES> 1,562,351
<SENIOR-LONG-TERM-DEBT> 0
<OTHER-ITEMS-LIABILITIES> 22,143,251
<TOTAL-LIABILITIES> 23,705,602
<SENIOR-EQUITY> 0
<PAID-IN-CAPITAL-COMMON> 236,112,476
<SHARES-COMMON-STOCK> 1,476,907
<SHARES-COMMON-PRIOR> 995,458
<ACCUMULATED-NII-CURRENT> 135,035
<OVERDISTRIBUTION-NII> 0
<ACCUMULATED-NET-GAINS> 5,000,074
<OVERDISTRIBUTION-GAINS> 0
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<EXPENSES-NET> 2,577,678
<NET-INVESTMENT-INCOME> 350,259
<REALIZED-GAINS-CURRENT> 5,380,478
<APPREC-INCREASE-CURRENT> 22,580,852
<NET-CHANGE-FROM-OPS> 28,311,589
<EQUALIZATION> 0
<DISTRIBUTIONS-OF-INCOME> 0
<DISTRIBUTIONS-OF-GAINS> 546,222
<DISTRIBUTIONS-OTHER> 0
<NUMBER-OF-SHARES-SOLD> 671,441
<NUMBER-OF-SHARES-REDEEMED> 221,119
<SHARES-REINVESTED> 31,127
<NET-CHANGE-IN-ASSETS> 73,705,420
<ACCUMULATED-NII-PRIOR> 0
<ACCUMULATED-GAINS-PRIOR> 7,941,027
<OVERDISTRIB-NII-PRIOR> 147,118
<OVERDIST-NET-GAINS-PRIOR> 0
<GROSS-ADVISORY-FEES> 1,026,250
<INTEREST-EXPENSE> 0
<GROSS-EXPENSE> 2,577,678
<AVERAGE-NET-ASSETS> 19,683,000
<PER-SHARE-NAV-BEGIN> 16.22
<PER-SHARE-NII> 0.05
<PER-SHARE-GAIN-APPREC> 1.55
<PER-SHARE-DIVIDEND> 0.00
<PER-SHARE-DISTRIBUTIONS> 0.55
<RETURNS-OF-CAPITAL> 0.00
<PER-SHARE-NAV-END> 17.27
<EXPENSE-RATIO> 2.29
<AVG-DEBT-OUTSTANDING> 0
<AVG-DEBT-PER-SHARE> 0.00
</TABLE>
<PAGE>
SHAREHOLDER MEETING
On May 29, 1997, a special shareholder meeting was held at which the
selection of Price Waterhouse LLP as the independent certified public
accountants and auditors of the Fund for the fiscal year beginning
December 1, 1996 was ratified (Proposal No. 1), the proposed changes to
certain of the Fund's fundamental investment policies, including
changes to the investment objective were approved (Proposal No. 2), the
Investment Advisory Agreement between the Fund and OppenheimerFunds,
Inc. was approved (Proposal No. 3), the Subadvisory Agreement between
OppenheimerFunds, Inc. and OpCap Advisors was approved (Proposal No.
4), the Fund's Class A 12b-1 Distribution and Service Plan was approved
by Class A shareholders (Proposal No. 5), the Fund's Class B 12b-1
Distribution and Service Plan was approved by Class B shareholders
(Proposal No. 6), the Fund's Class C 12b-1 Distribution and Service
Plan was approved by Class C shareholders (Proposal No.7) and an
Administrative Agreement between the Fund and OppenheimerFunds, Inc.
was approved (Proposal No. 8) as described in the Fund's proxy
statement for that meeting. The following is a report of the votes
cast:
<TABLE>
<CAPTION>
WITHHELD/ BROKER
NOMINEE/PROPOSAL FOR AGAINST ABSTAIN NON-VOTES TOTAL
<S> <C> <C> <C> <C> <C>
Proposal No. 1 7,696,691.277 295,174.800 438,834.311 6,752,254 8,430,700.388
Proposal No. 2 7,296,847.814 606,622.518 614,344.603 6,752,254 8,517,814.935
Proposal No. 3 7,426,790.926 481,323.949 604,384.513 6,752,254 8,512,499.388
Proposal No. 4 7,391,733.444 433,102.169 687,661.775 6,752,254 8,512,497.388
Proposal No. 5 5,373,832.775 399,798.166 487,644.867 4,997,280 6,261,295.808
Proposal No. 6 1,306,267.973 120,458.336 161,725.622 1,239,426 1,588,451.931
Proposal No. 7 634,438.134 18,794.161 14,829.901 515,548 668,062.196
Proposal No. 8 7,361,988.776 442,050.997 659,746.162 6,752,254 8,463,785.935
</TABLE>