Oil & gas industry outlook reports

Discover the outlook for the global supply and demand horizon, improve efficiency and pinpoint specific opportunities with seamless data and analysis of oil and gas markets. Browse short and long-term oil forecasts, as well as natural gas outlook reports at Wood Mackenzie.

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Oil and natural gas outlook reports

Insight

Dual supply shock scenario: what would happen if Iran and UAE open the taps?

We stress-test a scenario in which Iran and the UAE both produce well above our base case - and what it means for oil markets, 2028-2035. If the UA...

Insight

Twelve months of change: Reassessing US LPG trade flows in a shifting geopolitical landscape

This report builds on our prior analysis of U.S. LPG trade flow disruptions, revisiting the market one year later to assess how patterns have evolv...

Insight

Richer barrels ahead: higher yields reshaping Canadian NGL supply

In this insight, we examine how Western Canada’s gas growth is becoming increasingly liquids-rich, with basin-level gains driven by a small number ...

Insight

Brazil’s gas free market hits the long tail: What changed and what’s next

Half of Brazil's industrial gas has migrated to the Free Market and the easy wins are over With 100+ industrial players in the free market and 15+ ...

Insight

From import dependence to shale ambition: Can Mexico rebalance its gas market?

On 8 April, President Claudia Sheinbaum announced Mexico's strategic entry into unconventional resource development. With imports accounting for 81...

Insight

The Middle East Conflict: at what price does the oil market rebalance?

A prolonged closure of the Strait of Hormuz (SoH) would remove ~10 million b/d of crude and condensate supply from global markets. Unlike 2020's de...

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