Insight

Wild card for 2016 oil market: OPEC supply uncertainty

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18 December 2015

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.

Table of contents

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

Tables and charts

This report includes 2 images and tables including:

  • OPEC crude oil production: Year on year change 2015-2016
  • Shift in the fundamentals in 2016: Annual growth in global supply and demand

What's included

This report contains:

  • Document

    Wild card for 2016 oil market: OPEC supply uncertainty

    PDF 255.32 KB

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