Commodity market report
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Global macro oils short-term outlook end-March 2016

Global macro oils short-term outlook end-March 2016

Report summary

The end-March Macro Oils Monthly report shows short term oil market fundamentals are largely stable from our previous view. The oil price recovery during March did not require much change to our short term oil price forecast for 2016 and 2017. Some caution is emerging around the oil demand forecast which has been revised moderately downward since the end-February report. The new monthly report on the short term oil market presents our forecast for Brent, WTI, LLS and Dubai; oil demand and supply in slide pack format with a related data download.

What's included?

This report includes 3 file(s)

  • Global macro oil short term outlook end March 2016.pdf PDF - 2.16 MB
  • 1 April 2016 data.xls XLS - 972.50 KB
  • 1 April 2016 prices.xls XLS - 269.00 KB


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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