May 18, 2024
Oil Market: OPEC’s World Oil Outlook for presentation September 28
OPEC daily basket price stood at $61.70 a barrel
– By Godswill Odiong

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The Organisation of Petroleum Exporting Countries, OPEC, has concluded plans to present its 2021 World Oil Outlook (WOO) via videoconference in Vienna, Austria, on Tuesday, 28 September 2021 at 14:30 (CEST).

OPEC’s Secretary General, HE Mohammad Sanusi Barkindo, will present the major findings of the WOO 2021, as well as introduce a video with key messages from the publication’s 15th edition. This will be followed by a panel discussion and a Q&A with management and analysts from OPEC’s Research Division.

The WOO was first published in 2007 and provides an in-depth review and analysis of the global oil and energy industries, offering a thorough assessment of various sensitivities in the medium- and long-term development of the oil industry. The publication provides insights into the upstream and downstream, supply and demand, investments, the potential impact of policies, and the environment and sustainable development. It also provides expert analysis of many of the challenges and opportunities facing the global oil industry. This year’s edition captures a long-term horizon out to 2045.

HE Barkindo said: “This year’s WOO 2021 has been put together under the restraints and restrictions caused by COVID-19. It is testament to the hard work of all those involved, and the value the Organization places on transparency and the enhancement of dialogue and cooperation. Teamwork and collaboration has never been more important, and we hope the flagship annual publication will help further understanding of global oil and energy markets among all stakeholders.”

The WOO 2021 will again be accompanied by a smart app to give increased access to the WOO’s vital analysis and energy data, as well as a comprehensive interactive version. More details on these will be provided when the publication is launched.

Media and analysts requiring a copy of the WOO prior to the scheduled press conference may request a 48-hour embargoed copy, which will be made available on Sunday, 26 September 2021 at 14:30 (CEST).

To request an embargoed copy, please email: webeditor@opec.org.
Details on the logistics for the videoconference will be provided nearer the time.

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