The decline in oil prices in December and early January partly reflects concern OPEC supply will swamp the oil market. A major uncertainty around the projected rebalancing of supply and demand during 2016 centres on OPEC and the actions of individual member nations. This Insight assesses the upward and downward supply risks to the forecast for Iran, Iraq, Libya and Saudi Arabia for 2016.
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Insight | Dec 2015
Wild card for 2016 oil market: OPEC supply uncertainty
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