Commodity market report
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7 Pages

Australia energy markets outlook 2015 - oil

Australia energy markets outlook 2015 - oil

Report summary

Australia's reliance on imported oil products, particularly diesel and gasoline, is expected to increase in the short term, following the closures of Caltex's Kurnell refinery in 2014 and BP's Bulwer Island refinery in 2015. This, and limited domestic oil production, will result in higher imports of refined products from abroad in the next two to three years.

What's included?

This report includes 2 file(s)

  • Australia energy markets outlook 2015 - oil PDF - 330.66 KB 7 Pages, 4 Tables, 5 Figures
  • Australia.xls XLS - 888.14 KB


Due to their sensitivity to political events and the global economy, energy demand and trade remain extremely volatile. The rapidly changing cost environment for hydrocarbon production and renewable energy, combined with energy policy changes, means the fuel mix in energy markets can be unpredictable at best. Further complicating the outlook is the transition and pace of the energy-intensive developing world from industrial to services-based economic growth, supporting the growing need for power generation.

This Energy Markets Long Term Outlook report provides a multi-fuel supply and demand forecast supported by a breakdown of the key facts.

Companies involved in all sectors of the energy industry can use this long term outlook report to assess inter-fuel dynamics and market drivers for strategic planning and investment opportunities. Use it to understand supply and demand fundamentals across hydrocarbon and renewables.

Analysing 92 markets and providing comprehensive coverage of global energy supply and demand, Wood Mackenzie is ideally placed to offer extensive expertise and robust knowledge of the energy markets sector. We write detailed supply and demand forecasts across all fuels and sectors based on our objective, proprietary data.

Whether you want an independent outlook on the market or to screen for opportunities in new markets, we help you understand global energy dynamics so you can shape your corporate strategy with confidence.

  • Executive summary
  • Demand
    • Oil demand (2015)
  • Supply
  • Supply-demand balances
  • Trade
    • Oil trade balance (2005-2035)

In this report there are 9 tables or charts, including:

  • Executive summary
  • Demand
    • Oil demand (2005-2035)
    • Demand: Image 1
    • Oil demand (2005-2035)
  • Supply
    • Remaining liquids commercial reserves, mmbbl ( as of 01/01/2015)
    • Oil production (2005-2035)
    • Oil production (2005 ­- 2035)
  • Supply-demand balances
    • Supply-demand balance (2005-2035)
  • Trade
    • Trade: Table 1
    • Oil trade (2005-2035)
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