Oil market outlook

Statistics report on the oil market outlook worldwide

Oil market outlook

This report presents graphs and tables on the global oil market outlook. Included is near-term forecasts on oil production, consumption, and demand trends, as well as refining activity, crude prices and refining margins, and investments.

Table of contents

Overview

4
  • Premium Statistic Gross domestic product growth rate forecast of G7 countries 2024-2029
  • Basic Statistic Forecast global oil demand growth 2025, by key energy agency
  • Basic Statistic Forecast global oil demand 2030, by select forecast center and year of outlook
  • Premium Statistic Forecast global oil surplus 2025, by select forecast center

Production

3
  • Basic Statistic Monthly global liquid fuels production 2023-2025
  • Basic Statistic Monthly global liquid fuels production by global region 2023-2025
  • Premium Statistic Forecast non-OPEC oil supply growth 2025, by country

Demand distribution

3
  • Basic Statistic Global oil products demand outlook 2023-2050
  • Basic Statistic Global oil demand share outlook by product 2023-2050
  • Basic Statistic Global long-term oil demand outlook by region 2023-2050

Refining & consumption

4
  • Premium Statistic Global refinery closures and capacity additions 2025
  • Premium Statistic Global oil refinery closures 2020-2029, by region
  • Basic Statistic Monthly global liquid fuels consumption 2023-2025
  • Basic Statistic Monthly global liquid fuels consumption by region 2023-2025

Prices & margins

4
  • Basic Statistic Brent oil price forecast 2022-2026
  • Premium Statistic Annual refining margin in Northwest Europe 2023-2025
  • Basic Statistic West Texas Intermediate oil price forecast 2022-2026
  • Premium Statistic Annual gross refining margin in the U.S. 2023-2025

Investments

3
  • Premium Statistic Global oil and gas extraction projects in FID stage 2024-2029
  • Premium Statistic Forecast global oil and gas extraction projects in FID stage 2025, by country
  • Premium Statistic Global upstream oil and gas industry M&A deal value 2019-2025

Statista report shop

Explore all Statista reports

We provide information on industries, companies, consumers, trends, countries, and politics, covering the latest and most important issues in a condensed format.

Contact

Get in touch with us. We are happy to help.
Meredith Alda
Sales Manager– Contact (United States)

Mon - Fri, 9am - 6pm (EST)

Yolanda Mega
Operations Manager– Contact (Asia)

Mon - Fri, 9am - 5pm (SGT)

Ayana Mizuno
Junior Business Development Manager– Contact (Asia)

Mon - Fri, 10:00am - 6:00pm (JST)

Lodovica Biagi
Director of Operations– Contact (Europe)

Mon - Fri, 9:30am - 5pm (GMT)

Carolina Dulin
Group Director - LATAM– Contact (Latin America)

Mon - Fri, 9am - 6pm (EST)