Market catalyst

IOC 124th Plenary Session

Morocco / globalConferenceMedium
Expected outcome
2026/27 world balance
Why it matters

A small Spanish crop matters far less if the rest of the basin has oil to spare. This is where that check happens.

Neutral if confirmed · the desk's reading

The International Olive Council's plenary reviews the world production, consumption and trade balance for the incoming campaign. It is the first figure that puts the Spanish crop in a global frame: a small Spanish harvest matters far less if Greece, Turkey and Tunisia have oil to spare, and far more if they do not.

Morocco, which holds the IOC presidency for 2026, hosts the session. The IOC has placed it in November 2026 without publishing the exact dates, so the day shown here is a placeholder within the month.

Date
2026-11-15 · Estimated date, inferred from the publication's usual cadence
Category
Conference

Source: International Olive Council · Checked 2026-09-25

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