Crude oil

The crude oil service covers global crude oil markets, fundamentals, data and forecasts.

Subscribers benefit from regular reports, regional outlooks, e-mail alerts, data reviews, access to our analysts and regular events at our global offices.

Energy Aspects crude oil service delivers deep insight and analysis that is relied upon to drive trading and investment decisions and deliver profits.

     Perspectives 

Our flagship weekly publication combines incisive commentary on what is driving the market with the latest data releases. Cutting through the noise, Perspectives delivers insight and analysis on the drivers affecting prices while exploring the fundamentals that will drive future physical and paper values. Clients also receive detailed quarterly supply-demand balances split by region and country, and compared to IEA, EIA and OPEC data.

 

     E-mail Alerts

E-mail alerts provide rapid insight into how unfolding market events and policy developments are influencing the oil market and prices. E-mail alerts deliver a short summary of an event or development as it happens, together with the implications for balances and our market outlook. Example topics include Brent spreads, geopolitical flare-ups, OPEC meeting summaries, policy and subsidy changes and the fallout from IEA announcements.

 

     Notes

Notes discuss our outlook for supply, demand and prices for global crude markets. In Notes, we summarise the forward-looking views derived from our balances as well as trends in the latest available fundamentals data. We examine key micro-regions and pricing hubs such as Cushing, the Permian, the Bakken, Western Canada, the Gulf of Mexico, the North Sea, Asian crude markets, the Middle East and many more. Each Note consists of a short commentary and provides easy-to-navigate table summaries as well as key charts.

 

     US Oil Weekly

Our analysis of the latest US Oil Weekly data release for crude and oil products, combining commentary on the key market themes and the latest weekly EIA data release.

 

 

 

E-mail alert - Oil      North America Outlook

The most comprehensive yet concise guide to the North American oil markets. Published monthly, it covers all aspects of the region, with a particular focus on the implications for shale oil. Insight includes updates on production, regional trade flows, Cushing balances and their impact on WTI. The service features analysis on Permian balances, Northern Corridor balances, regional price and grade differentials and regional refinery demand.

 

 

     North Sea Outlook

The new North Sea Outlook delivers comprehensive analysis of supply-demand fundamentals and price implications. Detailing the latest production data and loading programmes, while identifying significant production outages and maintenance events that impact supply, the service assesses refining margins, refinery turnarounds and refinery runs expectations to outline the crude oil demand profile in Northwest Europe. The monthly report then delves into flows, looking first at imports into the region from the North America, West Africa, the Mediterranean and the Middle East, exploring trade dynamics that may impact outright, basis and spread price levels.

 

     Data Reviews

Data reviews explore the fundamental supply and demand data by country or key agency reports, combining the latest data releases with our proprietary models. Data reviews provide an instant update of key data releases, for example North Sea and OPEC oil supplies, Chinese trade data and Petroleum Supply Monthly with US data revisions. Each data review comes with a brief commentary, easy-to-navigate table summaries, and key charts.

 

     Fundamentals

In-depth monthly analysis of oil and oil product fundamentals over the last month. Combining all the essential data releases by key supply and demand regions and countries, coverage includes China, the US, FSU, India and the Middle East and a comprehensive supply-demand overview. Fundamentals delivers the analysis market participants need to interpret the trends and themes which impact price.

 

 

     In Focus

In Focus outlines the key themes set to impact the oil market and prices in 2020. This annual publication provides succinct but detailed analysis of essential issues to watch across the crude oil, oil products and natural gas markets, as well as outlining the most prominent geopolitical and global macro challenges facing the energy market in the coming year. This expert insight provides clarity for the year ahead.

 

 

Key Themes – Monthly Slideshow

Each month we provide our outlook and charts pack for the crude and products markets. Easy to assimilate and embed into internal and external client presentations (with accreditation to Energy Aspects), we act as your outsourced analyst team.

 

 

Access to analysts

Our global team of analysts delivers rapid responses to our clients on market queries, data, prices and forecasts. We host regular Insight events for clients to hear our market outlooks and meet our teams.

The Global Arbs and Trade Flows service, a partnership between Energy Aspects and the leading cargotracking firm Kpler, provides in-depth analysis of current dynamics in the physical oil market, drawing on key Kpler data as it relates to fundamentals, oil prices and global exports and imports along with how they interact with our own underlying data.

The Global Arbs and Trade Flows service delivers actionable insights on developing trends in the physical oil market, assessing how changes to fundamentals and arbs will shape crude flows in the coming months. Drawing from our proprietary global arbitrage models, we build upon prompt and historical cargo flow data from Kpler to forecast forward flows on key routes. The service includes historical flows by country as well as forecast data for regions including North America, FSU, Latin America, the North Sea, the Mediterranean, the Middle East and West Africa.

The combination of regular reports, timely e-mail updates and proprietary data and analysis give crude market participants a vital edge in predicting how the coming months will play out in the international oil shipping  landscape.


Download service overview

 

Monthly report

The Global Arbs and Trade Flows Monthly condenses our most recent insights on the key threads of the oil shipping industry, providing a broad overview of the global market and then going into detail on developments affecting trade and arbs. We break down our analysis by region and by crude type to provide a complete overview of how we think shipping will evolve based on its current fundamentals.

 

Regional report

Attached to our Monthly report, the Regional report provides in-depth insights into physical oil movements across the world’s key exporting and consuming regions. In the Regional report, we analyse each region’s departures and arrivals and highlight key changes as they evolve.

 

 

E-mail Alerts

E-mail alerts provide rapid insights into unfolding market events, assessing their potential impact on physical crude flows. Recent e-mail alerts have covered the likely consequences that a production outage in Libya or a refinery shutdown in Mexico may have on regional supplies, flows and pricing, and other alerts examine shipping trends on a deeper level, providing insight into how flows may structurally change in response to geopolitical events and policy developments.

 

 

Data service

Our data service provides easy access to the key statistics that underpin our analyses and forecasts. We divide our data into four key categories, which we discuss in greater detail in the reports: Arrivals by destination, imports by country, loadings by destination and exports by country.

Pricing

Landed prices for a range of key grades (grouped by heavy, medium, light and extra light crudes) in regions such as the US Gulf Coast, Northwest Europe,

Mediterranean and Asia help users ascertain which grades are most competitive on a pure pricing basis.

Loadings/Export

Time series of key region-to-region flows. Monthly data extend from January 2013 through the current month.

Arrivals/imports

Country-by-country customs data for a host of different countries across the globe. Monthly data extend from January 2013 through the current month.

 

Notes

The arb Note is sent out each Tuesday and shows the w/w changes in selected benchmark
arbs as well as rankings of values of several crude grades in various regions. Subscribers
benefit from a visualization of selected open/closed arbs showing positive or negative
values.

 


Access to analysts

Our global team of analysts delivers rapid responses to our clients on market queries, data, prices and forecasts. We host regular Insight events for clients to hear our market outlooks and meet our teams.