×

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. 

Commodity Market Report

Macro oils short-term outlook: January 2023

Get this report

$2,000

You can pay by card or invoice

Contact us

Submit your details to receive further information about this report.

For details on how your data is used and stored, see our Privacy Notice.
 

- FAQs about online orders
- Find out more about subscriptions

10 January 2023

Macro oils short-term outlook: January 2023

Report summary

Oil prices bumped down over the holidays and into the new year. We still project a moderate recovery in the market, as demand is expected to shift into strong growth this quarter and more so in the second quarter. Highlights of this monthly update include: • Price outlook through 2024 with revisions in near term • Improved drilling and completion efficiency support upgrade to US L48 supply outlook • Russia production revised up as high distillate exports support crude runs through end of 2022 • China easing Covid measures helps drive growth in 2023 The early January Monthly Update features an Executive Summary report and the related data download. The slide pack will resume with the next monthly report.

Table of contents

Tables and charts

This report includes 1 images and tables including:

What's included

This report contains:

  • Document

    Macro Oils Short Term Outlook January 2023 Data.xlsx

    XLSX 3.04 MB

  • Document

    Macro oils short-term outlook: January 2023

    PDF 1004.60 KB