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4 Pages

Wild card for 2016 oil market: OPEC supply uncertainty

Wild card for 2016 oil market: OPEC supply uncertainty

Report summary

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.

What's included?

This report includes 1 file(s)

  • Wild card for 2016 oil market: OPEC supply uncertainty PDF - 255.32 KB 4 Pages, 0 Tables, 2 Figures


This Oil Markets Insight report highlights the key issues surrounding this topic, and draws out the implications for those involved.

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Wood Mackenzie gives you an informed, independent view on oil prices and the key drivers and trends impacting the oil market. Our highly experienced macro analysts and regional sector teams are based in the key oil producing and consuming regions they analyse, providing detailed field data and demand forecasts driven by country and industry forecasts.

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  • Iran
  • Iraq
  • Libya
  • Saudi Arabia
  • OPEC as swing factor in 2016

In this report there are 2 tables or charts, including:

  • Iran
  • Iraq
  • Libya
  • Saudi Arabia
    • OPEC crude oil production: Year on year change 2015-2016
  • OPEC as swing factor in 2016
    • Shift in the fundamentals in 2016: Annual growth in global supply and demand
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