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. 


Iain Mowat

Principal Analyst, EMEARC Refining and Oil Product Markets


  • Northern Africa
  • Europe
  • Middle East
  • Refined product markets
  • Oil markets

Get in touch with Iain

With over 10 years of experience in economic policy and strategy, Iain brings extensive knowledge of global energy markets to his analysis of energy and petroleum demand.

As a principal analyst, Iain forecasts short- and long-term petroleum product demand across Europe, with a particular focus on transportation, heat, and power and petrochemicals. He is also the global lead on our demand outlook for marine fuels over the next 20 years, and the lead analyst on the impact of electric vehicles in the European car fleet.

Iain joined Wood Mackenzie in 2012 as an oil demand analyst. He initially focused on analysing petroleum demand at main product and sector levels primarily for Europe, Middle East and North Africa, as well as assessing the impact of alternative technologies and environmental legislation on oil demand.

Prior to joining Wood Mackenzie, Iain spent seven years at a global engineering consultancy as their lead energy economist, working on the appraisal of investments in energy and transport infrastructure. Prior to this, Iain worked for five years in economic consulting.


MSc, Economics, University of Edinburgh

BA (Hons), International Business and Modern Languages, Strathclyde Business School