Insight
Oil supply and refining short-term outlook January 2016
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Report summary
On 8 January 2016, Wood Mackenzie presented papers on the short-term outlook for oil supply and refining. We explore the impact of the sustained low oil price on non-OPEC supply, with particular focus on the US onshore; the uncertainty around OPEC production in 2016; and the impact of decline rates and project deferral on medium term supply. We review the outlook for European refiners in 2016 and consider the medium term implications of Iranian volumes coming back into the market and the COP 21 Paris Agreement.
Table of contents
- Oil market overview and refining outlook for 2016
Tables and charts
This report includes 1 images and tables including:
- An excerpt from the downloadable report showing the year-on-year change in supply and demand fundamentals
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