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

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...

Insight

Assessing the oil market impact of the Middle East conflict – 8 key questions answered

Conflict in the Middle East has pushed Brent to $100/bbl. The Strait of Hormuz is effectively closed, oil production is being curtailed in the regi...

Insight

What the Middle East conflict means for the South Asian LNG market

The force majeure in Qatar affects ~20% of global LNG supply, hitting South Asia hardest, due to a high reliance on Qatari volumes. Gas demand curt...

Insight

What does closure of the Strait of Hormuz mean for Northeast Asian LNG market?

Energy flows through the Strait of Hormuz have halted, prompting QatarEnergy to declare Force Majeure on 4 March. - With 90% of Qatari and UAE LNG ...

Insight

What does closure of the Strait of Hormuz mean for the global LNG and European balance?

On 28 February, the US and Israel launched attacks against Iranian government, military, and nuclear targets. Iran retaliated with missile and dron...

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