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Published on Feb 12, 2014
Global Oil Market Forecasting: Main Approaches & Key Drivers
Steven Kopits, Managing Director, Douglas-Westwood
Tuesday, February 11, 2014
The Center on Global Energy Policy hosted a presentation and discussion with Steven Kopits, Managing Director, Douglas-Westwood, on the different approaches to global oil market forecasting. Mr. Kopits' remarks focused on both supply and demand-based methodologies, including how these models result in different assumptions and implications for oil supply (OPEC and non-OPEC), total oil demand and oil price. He also reviewed other key drivers such as changes in the transport sector and overall economic growth and discussed how these variables can further impact oil demand and supply.