The devastating impact of the great lockdown

• 17 April 2020

There are signs that the coronavirus is gradually being brought under control in many countries, but any pick-up in activity will be tentative and uneven, and will face headwinds from the chaos in the global economy.

Why oil price recovery has further to run

• 05 June 2020

Will the effect of coronavirus be more lasting for demand or supply? Will the oil price be lower-for-longer? Or, if demand recovers, could the sharp reduction in upstream investment lead to a tighter market and higher prices? Find out more in this week's Edge.

Oil Supply Model

A robust supply demand model to drive informed investments and strategic success

China’s demand drops for first time since 2009 as coronavirus hits oil markets

• 04 February 2020

The near-term impact of the coronavirus outbreak on oil demand remains uncertain as much depends upon when and how China’s manufacturing industry restarts after the currently extended Lunar New Year public holiday.

Russian Federation upstream: 5 things to look for in 2019

• 19 December 2018

2019 will be a big year for Russia's upstream sector. What are the big things to watch? Get the top 5 here.

There's light at the end of the tunnel for refiners

• 31 January 2019

The second half of 2018 was a very challenging time for refining. This weak commercial performance was due to a whole host of adverse market developments. Are these developments temporary or are they here to stay?

Coronavirus, China and the big oil crash

• 12 March 2020

Recent events have created a perfect storm in the oil markets, the likes of which have never been seen before. Do these clouds carry any silver lining? Listen to the latest episode of the Asia Pacific Energy podcast.

Saudi Arabia’s price push for oil market dominance in Asia

• 21 April 2020

Competition is fierce and struggling Asian refiners must now take full advantage of the abundant crude options to maximise their margins.

Lower 48 oil and gas economics Q4 2023: three key takeaways

• 16 April 2024

As winter 2023 comes to an end in the US, read about some of the key gas production and pricing updates from the last quarter

The US LNG boom is back

• 07 January 2022

US LNG export plants are working flat-out to meet strong global demand for gas that has been reflected in soaring prices. With new capacity coming on stream late in 2021 and early in 2022, the US is emerging as the world’s largest LNG exporter.

Oil Supply Tool

Understand the prospects for future oil and NGL supply, and make astute planning, trading and investment decisions.

Oil Supply Tool

Understand the prospects for future oil and NGL supply, and make astute planning, trading and investment decisions.

Trump’s tariff plan: implications for the future of global liquids trade

• 01 October 2024

A new tariff plan on imports would affect US consumers, global oil markets and refining, if implemented post US election.

Oil producers cautious as recovery hopes rise

• 20 November 2020

Good news on Covid-19 vaccines points to a rebound next year, but there are still some difficult months ahead

4 key refining and chemical themes from Moscow

• 23 April 2019

We've condensed dozens of discussions at Wood Mackenzie's first Russia downstream forum and the 7th CIS Petrochemicals 2019 Conference into 4 of the hottest topics.

What are the key risks and uncertainties in 2019?

• 18 December 2018

What are the key risks and uncertainties in 2019? Simon picks the ones our analysts worry could threaten our base case, including oil demand downside, tight oil upside and Iran export volumes.

Tight oil’s second great growth phase about to begin?

• 07 November 2016

More operators are hinting through this Q3 results season at redeploying rigs in the coming months, potentially kick starting what will be tight oil’s second great growth phase.

A cornerstone of global oil supply – Canada at a cross roads

• 01 March 2017

Canada's investor sentiment soured by environmental concerns and competition for capital from tight oil have already begun to reshape the domestic corporate landscape.

Geopolitics and the transition from oil to electric vehicles

• 23 October 2018

Will geopolitics forever dog the transportation sector, even when electric vehicles (EVs) replace internal combustion engine (ICE) vehicles? Simon Flowers investigates.

Surge in oil hedging could worsen US supply glut

• 27 March 2017

Those hoping that recent oil-price weakness will prompt US producers to pull back drilling activity and ease the glut of oil supply may need to keep waiting.

Progress on opex, but will it stick?

• 30 September 2016

The dramatic fall in oil prices has forced the industry to look hard at capex plans and the efficiency of operating assets and functions, with significant downward pressure on rates.

Asia Pacific Energy Brief

• 11 December 2018

Stay tuned into the watercooler chat by listening in to our weekly podcast on the top stories in Asia Pacific.

What's behind Libya's production boost?

• 20 October 2017

Libya's oil production has increased steeply from August 2016’s low point of below 300,000 barrels per day (b/d) to around 850,000 b/d at present, passing the 1 million b/d barrier in July. But Wood Mackenzie believes Libya may now be reaching its near-term production limits and future growth will be gradual.

US tight oil – the investment dilemma

• 05 March 2021

US Lower 48 Independents’ finances are looking rosier as capital discipline and higher oil prices work their magic. Will a cash flow bonanza lead to more drilling?

What changed energy markets in the 2010s?

• 14 January 2020

Can a decade be a turning point? So much happened in the energy sector, the 2010s might be seen as just that.

Crude Oil Services

A comprehensive and transparent view of the future global crude oil value chain to identify investment opportunities.

Will drivers see a repeat of 2014's gasoline price reprieve?

• 02 November 2018

The average retail gasoline price in the United States is now close to U.S.$3 a gallon, while in Germany, gasoline is retailing at an average of €1.40 per litre. We last saw prices like these in November 2014. Could we see a repeat of the 2014 reprieve?

How uncertainty will define the oil market in 2021

• 28 January 2021

Covid-19 and the oil price crash sent shockwaves through the oil market in 2020. How will continuing uncertainty affect global demand, supply and refining in 2021?

Five themes shaping the energy world in 2025

• 08 January 2025

What opportunities, challenges and risks does the world of energy and natural resources face in 2025? From geopolitics to Big Oil M&A and innovation in power. Our experts share their thoughts.

How the worst oil price crash in history changed the upstream industry

• 24 June 2020

The oil price crash has wiped US$1.6 trillion off our valuation of the global upstream industry. This captures the impact of our downgraded long-term Brent price assumption – now US$50/bbl (2020 terms), previously US$60/bbl – and much more. Which regions and players have been hit hardest? What measures have been taken to survive?