Commodity market report
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Global macro oils short-term outlook: September 2016

Global macro oils short-term outlook: September 2016

Report summary

The informal OPEC gathering in Algiers on 28 September has helped support oil prices since then. Also adding support has been the highly visible crude oil stockdraws in the US for the last several weeks. Macro Oils fundamentals analysis continues to show an implied global oil stock draw in Q4 2016. 

What's included?

This report includes 3 file(s)

  • Global macro oil short term outlook 7 Oct 2016.pdf PDF - 2.12 MB
  • Global macro oils short-term outlook 7 Oct 2016 data.xls XLS - 979.50 KB
  • Global macro oils short term outlook 7 Oct 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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