Products & services
Crude Forecast Model, powered by Synoptic
A new way to model, test and explain the crude price outlook.
For details on how your data is used and stored, see our Privacy Notice.
Build a crude price view you can defend
Understand where crude prices could move, what is driving the forecast and how market events could change the outlook. Crude Forecast Model brings together Wood Mackenzie’s trusted fundamentals, expert insight, proprietary risk and sentiment signals, and machine learning in one transparent, scenario-ready workflow. Adjust assumptions, compare outcomes and make faster, more defensible trading, planning and investment decisions.
For details on how your data is used and stored, see our Privacy Notice.
Model. Test. Explain.
24 month
forecast horizon
115+ countries
covered
7 unique
geopolitical and market sentiment indices
5 linked
sub-models
Features and workflows
Turn complex oil-market signals into decision-ready insight, with every case grounded in Wood Mackenzie data, methodology and expertise.
- Fundamentals depth: bottom-up supply, demand, inventories and OPEC response logic.
- Hybrid intelligence: explainable deterministic models enhanced by machine learning.
- Signals beyond the balance: proprietary geopolitical risk and market sentiment indices.
- Scenario control: adjust assumptions, use expert-built event templates and compare cases side by side.
- Explainability: see which drivers add to or subtract from each monthly price outcome.
- Trading: test outages, sanctions, shale response or OPEC decisions while the market is moving.
- Price decks: build an independent view with assumptions your team can interrogate.
- Planning: compare alternative supply, demand and macroeconomic cases.
- Risk analysis: frame exposure with high, low and event-driven outcomes.
- Investment decisions: connect price assumptions to budget and portfolio sensitivity.
- Bottom-up supply and demand fundamentals across more than 115 countries
- 7 unique geopolitical and market sentiment indices
- Expert insight and proprietary data behind every balance
- Transparent hybrid methodology combining deterministic models and machine learning
- Scenario capability that lets you interrogate the forecast rather than take it on trust
Frequently asked questions
Explore how Crude Forecast Model supports transparent price forecasting, scenario analysis and decision-making.
It produces a monthly Brent crude price outlook across a 24-month horizon. The forecast connects supply, demand, inventories, OPEC response, macroeconomic conditions, geopolitical risk and market sentiment, with the contribution of each driver visible.
Yes. You can adjust supply, demand, OPEC, inventory, macroeconomic, risk and sentiment assumptions, use expert-built event templates and compare outcomes side by side. This helps you move beyond a single base case and test the shocks most relevant to your decisions.
The model combines deterministic fundamentals with machine learning and Wood Mackenzie expert judgement. Assumptions remain open to adjustment, and each forecast month is decomposed into its underlying drivers, giving you a transparent methodology and a price view you can explain.
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