Oil Supply & Forecast
Access comprehensive insights into refinery demand, including historical trends and predicted forecasts for North America, and oil production estimates of major producers worldwide
Understand the entire crude production landscape
Crude oil production worldwide fluctuates with changes in supply and demand, which in turn can significantly impact oil prices and market dynamics. Accurate production and supply forecasts are necessary to anticipate shifts and make strategic trading decisions and inform long-term views of the market. Our suite provides detailed refinery crude runs forecasts in North America, monitoring of pipeline flow and rail movements to produce the most detailed and accurate production forecast on the market, and daily oil production data for impactful oil-producing countries across the globe.
Our products enable you to:
- Bridge the gap within refinery crude oil demand models with our analytical expertise.
- Forecast upcoming crude demand through detailed refinery maintenance schedules.
- Identify production outages in real-time, such as freeze off and hurricanes impacts.
Gain deeper market insights:
- Access primary insight into supply and demand balances and resulting market prices to build pertinent forecasts.
- Detect significant worldwide production swings to make faster and more accurate decisions on global oil supply.
- Identify where and how much production will be coming online.
Our Oil Supply & Forecast products and solutions:
Canadian Crude Oil Production Forecast
A bottom-up approach on well, project and upgrader level production data by region and crude quality.
Canadian Crude Oil Production Forecast
In-depth analysis for confident decisions
We examine the most significant oil producing regions in Canada and provide a comprehensive production forecast and analysis.
The Canadian Crude Oil Production product includes detailed monthly well and project-level production data from major oil producing areas in Canada. This includes major project level bitumen forecasts for both in-situ and mining operations, upgrader level analysis, quality level breakouts of unconventional/conventional oil production and Eastern Canadian offshore production. Our forecast incorporates pipeline takeaway capacity, pipeline flows and rail transport to give an insightful analysis on how the crude is getting to market.
This macro view of crude production focuses on the oil sands and offers an exclusive forecast for the top producing in-situ oil sands projects and upgraders in Western Canada.
Granular reporting
We provide updated forecast data every six weeks and weekly. Each report includes a five-year forecast and accompanying data.
- Every six weeks: updated Canada Crude Production Forecast, using both public data and our proprietary data. This incorporates well and project-level data, updates to expected maintenance on major oil sands projects, newly sanctioned projects and the corresponding impact on crude flows out of the country.
- Weekly: forecast updates for Western Canadian conventional oil production incorporating the most recent prices and rig counts, and a Weekly Rig Breakout highlighting the top operators in Western Canada.
North America Crude Oil Runs Forecast
Access a detail-driven refinery crude runs forecast for the US and Canada, with primary insight into refinery demand, including historical trends and predicted forecasts.
North America Crude Oil Runs Forecast
Expand your view
Our North American Crude Oil Runs Forecast provides primary insight into refinery demand, including historical trends and predicted forecasts.
We examine publicly available turnaround information, our refinery infrared camera signals, and forward crack spreads to provide the most up-to-date refinery forecast report on the market. Our product includes comprehensive information on PADD/Canada level refinery runs, utilisation rates and crude processing capacity forecasts for the major crude oil demand centers in North America.
We dig even deeper into the analysis and include details on each turnaround and its impact on crude runs by month. And we provide refinery-level forecasts for several refineries, including weekly updates based on our monitoring technologies.
Comprehensive report
We offer turnaround summary tables, refinery capacity expansions and throughput guidance information as a benchmark. Access corporate conference call notes for 18 publicly-traded refiners in North America.
- Expert analysis
Gain unlimited, real-time access to our forecast experts. Their analytical expertise bridges gaps within refinery crude oil demand models.
- Extensive coverage
Get granular refinery-level crude run forecasts and real-time crude runs for 16 major refineries in Texas and Louisiana including: MPC Garyville, Motiva Convent, Motiva Norco, PSX Belle Chasse, PSX Westlake, LYB Houston, XOM Beaumont, MPC Galveston Bay /TX City, PBR Pasadena, PSX Sweeny, VLO Port Arthur, VLO Three Rivers, VLO Houston, Lazarus Nixon, Exxon Bayton, and Exxon Baton Rouge.
US Crude Oil Production Forecast
Understand the entire crude production landscape with proprietary data from 20,000+ individual wells, aggregated by basin and crude quality. We use a detailed, bottoms-up approach to deliver a daily and monthly production forecast.
US Crude Oil Production Forecast
Understand the entire crude production landscape with proprietary data from 20,000+ individual wells, aggregated by basin and crude quality. We use a detailed, bottoms-up approach to deliver a monthly production forecast. WoodMac’s in-the-field monitors provide exceptional accuracy and advance notice of market fundamentals. Our analysts combine this data with our highly accurate real-time production data, tie it to current prices, and deliver a 5-year production. The report service provides data aggregated by region ((Permian, Bakken, Utica, Eagle Ford and Niobrara, etc) and by crude quality (heavy, intermediate, light & condensate).
Deliverables
- Daily: Estimates of US production by region back to 2010 divided into 8 regions and 12 Gulf of Mexico sub-regions
- Weekly: Rig Analysis Report detailing rig activity in the U.S. for the week
- Weekly: Price and Rig Change Effect on Production Forecast report provides updates to how rigs are actualizing and how prices movements are affecting our forecast
- Weekly: US Crude Oil Production and Pipe Flow Analysis Report summarizes week-over-week production swings and evaluates month-to-date production averages vs forecast
- Monthly: EIA Monthly Comparison Report compares EIA monthly crude data to WoodMac’s forecast
- Every 6 weeks: Detailed 5-year production forecast with expert analysis on risks and implications
- Quarterly: Condensed, easy-to-read Quarterly Earning Conference Call Notes from over 150 E&P, refinery, and pipeline companies. Breakeven economics by play and key producer insights
High-Frequency Oil Production Monitor
Receive daily oil production estimates for critical oil global producers.
High-Frequency Oil Production Monitor
Access accurate production estimates and detect inflection points early
The High-Frequency Oil Production Monitor is a leading source of daily oil production data for impactful oil-producing countries across the globe.
We go beyond providing a simple on/off signal at the field or country level. We transform on/off signals into highly accurate estimates of daily production volumes for each country we monitor, providing you the actionable intelligence you need.
We generate accurate country-level production estimates and detect inflection points ahead of the market. You can access analysis of the magnitude and nature of the field-level signals alongside associated operational characteristics and production history.
Countries we cover: US, Canada, Iran, Iraq, Saudi Arabia, Qatar, Oman, Kuwait, UAE, Kazakhstan, Venezuela, Libya, Algeria, Ghana, Angola, Azerbaijan, the Neutral Zone, Norway, UK, Denmark, Mexico, Ecuador and Peru.
Accurate
We don’t just provide the signals or an index of the signals. We transform that data into meaningful information – actual production levels.
Timely
Our data is as up-to-date as possible and you can access daily. We update the API every morning, rather than monthly like many government sources.
Unbiased and data-driven
Our product does not rely on anonymous human sources in any country.
NA Crude Oils Fundamentals Report
Leverage our data and expert commentary to understand up-to-date fundamentals in key North American crude markets.
NA Crude Oil Fundamentals Report
The North American crude market landscape is constantly evolving as the industry works to handle supply and demand changes. US and Canadian markets are increasingly relevant on the global stage as regional supply, midstream infrastructure, and export capacity tie North America to international markets.
Be informed on how upstream, midstream or downstream changes may constrain or de-bottleneck the supply chain.
The main features of our North American Crude Oils Fundamentals Reports are:
- Weekly updates and commentary
Be aware of factors driving the North American oil markets. Receive weekly updates on oil storage, pipelines, refinery operations, waterborne and rail transport, and commentary highlighting fundamentals and market trends.
- Crucial data for informed decisions
Get a weekly snapshot of the most important data related to key crude hubs including Cushing, the US Gulf Coast, West Texas and Western Canada.
- Unique insights
Our report includes data-driven commentary, which discusses pipeline flows, storage data, rail volumes, waterborne loading data and refinery capacity utilisation data across key hubs in North America.
Who is it for?
- Traders
Make smarter decisions with a snapshot of the most important data related to key crude hubs such as Cushing, the US Gulf Coast, West Texas and Western Canada.
- Analysts
Access first-hand market commentary highlighting trends, anomalies and fundamentals in the market. Our data also provides a comparison of regional fundamentals and an evaluation of how changes impact the entire market.
Canadian Crude Oil Production Forecast
In-depth analysis for confident decisions
We examine the most significant oil producing regions in Canada and provide a comprehensive production forecast and analysis.
The Canadian Crude Oil Production product includes detailed monthly well and project-level production data from major oil producing areas in Canada. This includes major project level bitumen forecasts for both in-situ and mining operations, upgrader level analysis, quality level breakouts of unconventional/conventional oil production and Eastern Canadian offshore production. Our forecast incorporates pipeline takeaway capacity, pipeline flows and rail transport to give an insightful analysis on how the crude is getting to market.
This macro view of crude production focuses on the oil sands and offers an exclusive forecast for the top producing in-situ oil sands projects and upgraders in Western Canada.
Granular reporting
We provide updated forecast data every six weeks and weekly. Each report includes a five-year forecast and accompanying data.
- Every six weeks: updated Canada Crude Production Forecast, using both public data and our proprietary data. This incorporates well and project-level data, updates to expected maintenance on major oil sands projects, newly sanctioned projects and the corresponding impact on crude flows out of the country.
- Weekly: forecast updates for Western Canadian conventional oil production incorporating the most recent prices and rig counts, and a Weekly Rig Breakout highlighting the top operators in Western Canada.
North America Crude Oil Runs Forecast
Expand your view
Our North American Crude Oil Runs Forecast provides primary insight into refinery demand, including historical trends and predicted forecasts.
We examine publicly available turnaround information, our refinery infrared camera signals, and forward crack spreads to provide the most up-to-date refinery forecast report on the market. Our product includes comprehensive information on PADD/Canada level refinery runs, utilisation rates and crude processing capacity forecasts for the major crude oil demand centers in North America.
We dig even deeper into the analysis and include details on each turnaround and its impact on crude runs by month. And we provide refinery-level forecasts for several refineries, including weekly updates based on our monitoring technologies.
Comprehensive report
We offer turnaround summary tables, refinery capacity expansions and throughput guidance information as a benchmark. Access corporate conference call notes for 18 publicly-traded refiners in North America.
- Expert analysis
Gain unlimited, real-time access to our forecast experts. Their analytical expertise bridges gaps within refinery crude oil demand models.
- Extensive coverage
Get granular refinery-level crude run forecasts and real-time crude runs for 16 major refineries in Texas and Louisiana including: MPC Garyville, Motiva Convent, Motiva Norco, PSX Belle Chasse, PSX Westlake, LYB Houston, XOM Beaumont, MPC Galveston Bay /TX City, PBR Pasadena, PSX Sweeny, VLO Port Arthur, VLO Three Rivers, VLO Houston, Lazarus Nixon, Exxon Bayton, and Exxon Baton Rouge.
US Crude Oil Production Forecast
Understand the entire crude production landscape with proprietary data from 20,000+ individual wells, aggregated by basin and crude quality. We use a detailed, bottoms-up approach to deliver a monthly production forecast. WoodMac’s in-the-field monitors provide exceptional accuracy and advance notice of market fundamentals. Our analysts combine this data with our highly accurate real-time production data, tie it to current prices, and deliver a 5-year production. The report service provides data aggregated by region ((Permian, Bakken, Utica, Eagle Ford and Niobrara, etc) and by crude quality (heavy, intermediate, light & condensate).
Deliverables
- Daily: Estimates of US production by region back to 2010 divided into 8 regions and 12 Gulf of Mexico sub-regions
- Weekly: Rig Analysis Report detailing rig activity in the U.S. for the week
- Weekly: Price and Rig Change Effect on Production Forecast report provides updates to how rigs are actualizing and how prices movements are affecting our forecast
- Weekly: US Crude Oil Production and Pipe Flow Analysis Report summarizes week-over-week production swings and evaluates month-to-date production averages vs forecast
- Monthly: EIA Monthly Comparison Report compares EIA monthly crude data to WoodMac’s forecast
- Every 6 weeks: Detailed 5-year production forecast with expert analysis on risks and implications
- Quarterly: Condensed, easy-to-read Quarterly Earning Conference Call Notes from over 150 E&P, refinery, and pipeline companies. Breakeven economics by play and key producer insights
High-Frequency Oil Production Monitor
Access accurate production estimates and detect inflection points early
The High-Frequency Oil Production Monitor is a leading source of daily oil production data for impactful oil-producing countries across the globe.
We go beyond providing a simple on/off signal at the field or country level. We transform on/off signals into highly accurate estimates of daily production volumes for each country we monitor, providing you the actionable intelligence you need.
We generate accurate country-level production estimates and detect inflection points ahead of the market. You can access analysis of the magnitude and nature of the field-level signals alongside associated operational characteristics and production history.
Countries we cover: US, Canada, Iran, Iraq, Saudi Arabia, Qatar, Oman, Kuwait, UAE, Kazakhstan, Venezuela, Libya, Algeria, Ghana, Angola, Azerbaijan, the Neutral Zone, Norway, UK, Denmark, Mexico, Ecuador and Peru.
Accurate
We don’t just provide the signals or an index of the signals. We transform that data into meaningful information – actual production levels.
Timely
Our data is as up-to-date as possible and you can access daily. We update the API every morning, rather than monthly like many government sources.
Unbiased and data-driven
Our product does not rely on anonymous human sources in any country.
NA Crude Oil Fundamentals Report
The North American crude market landscape is constantly evolving as the industry works to handle supply and demand changes. US and Canadian markets are increasingly relevant on the global stage as regional supply, midstream infrastructure, and export capacity tie North America to international markets.
Be informed on how upstream, midstream or downstream changes may constrain or de-bottleneck the supply chain.
The main features of our North American Crude Oils Fundamentals Reports are:
- Weekly updates and commentary
Be aware of factors driving the North American oil markets. Receive weekly updates on oil storage, pipelines, refinery operations, waterborne and rail transport, and commentary highlighting fundamentals and market trends.
- Crucial data for informed decisions
Get a weekly snapshot of the most important data related to key crude hubs including Cushing, the US Gulf Coast, West Texas and Western Canada.
- Unique insights
Our report includes data-driven commentary, which discusses pipeline flows, storage data, rail volumes, waterborne loading data and refinery capacity utilisation data across key hubs in North America.
Who is it for?
- Traders
Make smarter decisions with a snapshot of the most important data related to key crude hubs such as Cushing, the US Gulf Coast, West Texas and Western Canada.
- Analysts
Access first-hand market commentary highlighting trends, anomalies and fundamentals in the market. Our data also provides a comparison of regional fundamentals and an evaluation of how changes impact the entire market.
Contact an expert
We use proprietary technologies and expert analysis to deliver the most detailed and accurate crude oil production forecast on the market. We provide you with insights to build your view of the market and anticipate supply and price fluctuations.
