OpeOluwani Akintayo
12 September 2018, Sweetcrude, Lagos — The 2018 OPEC World Oil Outlook, WOO will be presented at a press conference to be held at the El Aurassi Hotel in Algiers, Algeria, on Sunday, 23 September 2018 at 3:15 pm (Algiers time).
The launch will coincide with the 10th Meeting of the Joint Ministerial Monitoring Committee, JMMC in Algiers, and form part of the celebrations of the 2nd Anniversary of the seminal Algiers meeting (the 170th Extraordinary Meeting of the OPEC) that took place on 28 September 2016: this meeting was a major landmark on the road to the historic ‘Declaration of Cooperation’ between OPEC and non-OPEC producers that was put together in Vienna on 10 December 2016.
Algeria’s Minister of Energy, Mustapha Guitouni and OPEC’s Secretary General, Mohammad Sanusi Barkindo, will provide opening remarks to the WOO launch. The Secretary-General and senior members of OPEC management will then present the key messages from the publication, which provides an in-depth review and analysis of the global oil industry, and offers a thorough assessment of various sensitivity cases related to supply and demand trends in the medium- and long-term.
For the first time, a Smart APP for the WOO will be made available, which will give increased access to the publication’s vital analysis and energy data. And for the fourth year in a row, a comprehensive interactive version of the WOO will also be made available. More details on these will be provided when the publication is launched.
First published in 2007, the WOO is one of OPEC’s flagship annual publications, providing expert analysis of the many challenges and opportunities facing the global oil industry. It serves as an important reference tool, providing insights into the upstream and downstream, as well as issues related to costs, investments, and the potential impact of policies and new technologies.
