We are excited to announce that as of February 1, Wood Mackenzie is a portfolio company of Veritas Capital, a leading investor at the intersection of technology and government. Our focus remains on providing you with the best intelligence, analytics, data and tools to ensure you are making the best data-driven business decisions with confidence.  

Read more in our news release here. 

Products & services

Refinery Supply Model

Understand the dynamics of crude and product markets at a global, regional and asset level.

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Make informed investment decisions by building your own view of crude and product markets with scenario modelling capability.

An accelerating energy transition creates significant uncertainty around future refined product demand and clouds the picture for future regional product balances, refining margins, crude differentials, crude and product trade, and ultimately refining asset competitiveness.  

To gain clarity, sophisticated modelling capabilities and granular datasets are required to account for the thousands of variables driving the global downstream environment. 

The Refinery Supply Model provides a quantitative approach to mitigate uncertainty and plan   future downstream investments and strategy. 

Features at a glance

  • Cloud based, linear optimisation model using a cost minimisation approach 
  • Base case dataset-fully editable inputs including granular regional supply by quality and detailed regional product demand, refinery capacity details, trade routes and costs 
  • Coverage of 500 refineries and 300 North American pipeline and terminal connections 
  • A granular view of midstream asset level utilisation and positioning 
  • Ability to simulate midstream investments, capacity additions or closures 
  • Refineries modelled to exact unit capacities  

Designed to help you

  • Assess regional impacts and benchmark individual refinery competitiveness under a range of market scenarios 
  • Understand impact of investments on regional prices, margins and utilisation  
  • Identify where optimal investments are needed to meet growing global product demand 
  • Assess the impact of regional supply and demand changes on trade flows and differentials 
  • Examine evolving trade patterns and regional product balances under various demand scenarios 
  • Understand North American midstream dynamics and impacts of investments on crude flows