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GEOU5022 Global Energy Outlook Autumn 2018 : Role in the Global Energy Market

The International Energy Agency (IEA) and the Organisation of Petroleum Exporting Countries (OPEC) track global energy market trends to produce short, medium and long term energy outlooks. Their insights shape perceptions on how energy markets might evolve and influence important policy and investment decisions around the world.

In light of their different objectives and viewpoints, evaluate any differences and similarities between OPEC and IEA in both their outlook and approaches to producing energy forecasts. You may care to use a SWOT analysis, or other suitable analytical framework.

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