Background Image

Strategic Outlook for Oil - A Guide for Strategic Planning


The annual Strategic Oil Market Outlook is FGE’s core analytical block for its perspectives on future developments in oil demand, supply and prices to 2040. The methodology continues to be based around an internally consistent, bottom-up forecast of regional demand by product and sector, crude oil production by country, and an interaction with oil prices through to 2040.


FGE’s annual report identifies the key sensitivities and risk factors inherent in the long-term outlook for global oil markets.

This study provides

  • OPEC/non-OPEC production outlook and analysis;
  • Crude oil production costs by region and resource type;
  • Detailed demand outlook by 7 products, 9 end-sectors and 8 regions;
  • Resulting oil market balance and price forecast.


Additional Sub-sets

FGE’s Strategic Outlook for Oil is available as a standalone study (incl. overall supply by country/demand by sector and region/market balance and price outlook). In addition, this study can be purchased alongside one, or both, of our latest sub-sets (discounts available for grouped purchases); which explore in more detail the road transport and electric vehicle outlook and the tight oil product cost outlook: 

  • Road Transport and Electric Vehicle Outlook (incl. detailed fleet by fuel and road fuel demand breakdown by region);
  • Tight Oil and Production Cost Outlook (incl. detailed production cost and volume outlook by country).



Scope of Coverage

Key Areas Addressed In This Study:
  • How long will OPEC cuts need to be maintained to keep markets balanced?
  • What will the global crude slate look like come 2020 with the impact of the IMO bunker fuel spec change?
  • Are recent tight oil productivity gains sustainable?
  • How will the shifting landscape of North Sea production affect offshore service companies?
  • Capital allocation trends: will deepwater activity in the Gulf of Mexico see a revival?
  • Adoption of electric cars and trucks—how fast and where?
  • What are the sensitivities around the drivers of oil demand in the future?
  • What will be the key drivers of demand growth over the next decades?
  • What are the main trends in the transportation sector that will shape the future?
  • Will there be peak demand? If so, when and where?
  • Download the brochure for further details
Sectors/Products Covered:
  • Power
  • Petrochemical
  • Industry
  • Transport
  • Residential and Commercial
  • Agriculture
  • Own Use
  • Bunkers
  • Other

  • LPG
  • Naphtha
  • Gasoline
  • Jet/Kerosene
  • Gasoil/Diesel
  • Fuel Oil
  • Other (including ethane, petcoke, bitumen, lubricants, etc.)


Interested in finding out more?

Further information on this study can be found by downloading our latest brochure.


Download Brochure

Sectors, Products & Regions Covered

  • Sectors: Power, Petrochemicals, Industry, Transport, Residential and Commercial, Agriculture, Own use, Bunkers and Other.
  • Products: LPG, Naphtha, Gasoline, Jet/Kerosene, Gasoil/Diesel, Fuel Oil, and other (to include ethane, petcoke, bitumen, lubricants, etc.)
  • Regions: North America, Europe, OECD Asia, FSU, Africa, Latin America, Middle East, and Non-OECD Asia


  • PDF copy of the report (PowerPoint layout).
  • All associated tables available in Excel.
  • FGE will be available for a conference call, WebEx meeting, or general meeting to present and discuss the key findings of this report.
  • A PowerPoint Executive Presentation pack, providing clients with a visual summary of the key coverage and conclusions, accompanied by bullet point explanations.

This Study will add value to

Major Oil Companies

  • Who need an outside, independent, assessment of market developments to compare with their own, internal forecasts.

Independent Refiners

  • Demand-side developments outside their own operating region can have significant implications for refiners’ operating environment and the detailed supply-side projections could highlight potential new sources of supply.

National Oil Companies

  • Potential developments in crude oil prices are a critical element in planning and the particular approach to price forecasting in this report will provide new perspectives on price formation and potential trends in the future.

Oil Shipping Companies

  • The report provides a detailed framework covering the key elements driving their business in the long term.

Other Oil and Service Companies

  • Any company operating in the sector should benefit from an internally consistent and detailed assessment of potential developments in the market as an alternative to reliance on forecasts from government or international organizations.

Financial Institutions and Investment Funds

  • Whether investing or trading, this report will provide a comprehensive basis for assessing risks, particularly in the near/mid-term, as well as delivering a flexible and detailed database of future demand and supply parameters.

International/Governmental Organization

  • Who need an independent, non-political perspective on the international oil market and an understanding of key elements likely to drive future oil prices.

Research & Analysis

  • Short-Term Global Oil Service

    FGE's Short-Term Global Oil Market Service provides up-to-date fundamental analysis of the key events and data affecting the oil markets, together with consistent forecasting of future trends.

    read more

  • Africa Oil

    FGE's specialized regional monthly for both upstream and downstream companies seeking a comprehensive view of Africa's dynamic markets, together with accurate and reliable forecasts.

    read more

  • Middle East Oil

    FGE's leading monthly report for analysts and executives seeking unique and reliable assessments of the complexities that exist within the Middle East's oil market.

    read more

  • Latin America Oil

    FGE's specialized regional report provides consistently reliable insights and forecasts for downstream companies seeking a comprehensive view of the dynamic Latin American and Caribbean petroleum product markets.

    read more

  • European Oil

    FGE's comprehensive regional report for analysts and executives seeking insight, analysis, and data on Europe's oil market and the position it plays within the global oil marketplace.

    read more

  • FSU Oil

    The suite of monthly reports incorporate a detailed, internally-consistent database covering crude/NGL output and main products supply/demand encompassing: crude/NGL supply, refinery runs, refinery output, products demand, crude/products stocks, and regional/global balances.

    read more

  • World Oil Market Reports

    FGE’s World Oil Market Reports, part of the core Short-Term Global Oil Market Service, encompasses the key elements of FGE’s global oil service.

    read more

  • East of Suez Oil Service

    FGE’s leading oil service, providing clients with the very best data and analytics, analysis, and insights on the Asia Pacific and Middle East oil markets.

    read more

  • Iran Oil and Gas

    Our Iran Oil and Gas Service builds upon decades of research, consulting, and professional networking to provide our clients with a detailed and comprehensive analysis of Iran's oil and gas industry.

    read more

Multi-Client Studies

  • Annual World Refining Outlook 2018

    A detailed assessment of the mid/long-term operating environment for global refining and the implications for products trade. We forecast product demand and review refinery investment to identify the likely pressures on the refining sector and what this could mean for refining margins in the next 5-10 years.

    read more

  • Iran Post-Sanctions Study

    Business and investment opportunities in the Iranian oil and gas sector - what everyone in the oil and gas business needs to know about Iran!

    read more


  • Oil Online Data System

    FGE's Online Data System for Oil (ODS) allows clients to flexibly query FGE's proprietary supply and demand data for crude and refined products at a country or regional level, allowing you to identify potential pressure points and regional flows.

    read more


Further Information

If you require additional information on this or any FGE service, including requesting a trial, or you would like to discuss ways in which FGE can assist you further, please contact a member of our sales team:

Mr. Robert Beckmann - Singapore

Head of Business Development
Tel: +65 6222 0045

Email Robert

Mr. Edo Ndeke - London

Business Development Manager
Tel: +44 (0) 20 7726 9570

Email Edo

Mr. Farhan Sulaiman - Singapore

Business Development Manager
Tel: +65 6222 0045

Email Farhan

Mr. Lance Ruxton - London

Business Development Manager
Tel: +44 (0) 20 7726 9570

Email Lance

Ms. Iren Naseri - Dubai, UAE

Business Development Manager
Tel: +971 4 457 4270

Email Iren

Mr. TJ Braziel - Houston, TX

Business Development Manager
Tel: +1 (281) 819 1983

Email TJ

Request Call Back

To request a call back from a member of our sales team, please complete the below form.