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Global macro oils short-term outlook: early July 2016


Global macro oils short-term outlook: early July 2016

Report summary

The early-July Macro Oils Monthly report shows that while oil prices have almost doubled since the January 2016 low, the post-Brexit uncertainty has dampened the prospect for further sharp oil price recovery for H2 2016. Brexit has affected our oil demand outlook, lowering the view for 2016 by nearly 0.1 million b/d. The new monthly report on the short term oil market presents our forecast for Brent, WTI, LLS and Dubai; oil demand and supply in slidepack format with a related data download.

 


What's included?

This report includes 3 file(s)

  • 11 July 2016 data.xls XLS - 974.50 KB
  • 11 July 2016 prices.xls XLS - 269.50 KB
  • Global macro oil short term outlook early July 2016.pdf PDF - 3.12 MB

Description

The oil industry is one of the largest in the world, with high revenues and costs, and major investments that have long lead times. The short-term outlook captures key industry developments, the impact of events and geopolitical influences on oil prices.

This Oil Markets Short Term Outlook report provides detailed fundamentals of supply and demand.

Crude oil investors can use this report to make short-term tactical decisions and assess the behaviour of industry players and governments.

Wood Mackenzie gives you an informed, independent view on oil prices and the key drivers and trends impacting the oil market. Our highly experienced analysts are based in the key oil producing and consuming regions they analyse, providing detailed field-by-field data and demand forecasts driven by country and sector developments.

Our trusted insight helps you deliver successful growth strategies.

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Wood Mackenzie, a Verisk Analytics business, has been a trusted source of commercial intelligence for the world's natural resources sector for more than 40 years, empowering clients to make better strategic decisions with objective analysis and advice.

We work across every sector of oil, gas, power, renewables, chemicals, metals and mining, covering more than 150 countries. Our proprietary data and models are at the core of everything we do, ensuring our independent asset and company valuations are thoroughly robust and that we offer an accurate forward-looking view of economic indicators such as market supply, demand and price trends.

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