Wood Mackenzie: global oil faces prolonged turbulence
In an exclusive interview with Energy Connects at the 9th OPEC International Seminar in Vienna, Simon Flowers, Chairman and Chief Analyst at Wood Mackenzie, laid out a sobering outlook for the global oil market. Simon emphasised that volatility is no longer an exception but the baseline. He also discussed how long-term forecasting has become more uncertain, the role of OPEC in balancing global supply, and why the energy sector must remain agile in the face of rapid change.
