Ongoing Analysis and News Reporting on Oil Markets (2022-2023)

Tender description

Award of contract for the following services: In-depth news, insight and analysis of global oil markets. This includes comprehensive coverage of global oil supply, demand, refining and trade, with regular, high quality analysis of important market developments and otherwise topical oil market issues - among them key price drivers and key uncertainties going forward. Coverage will allow BEIS to understand, interpret and further analyse the widest possible range of unpredictable oil market issues and developments, to support HMG oil market monitoring and analysis, as well as wider policy development. Coverage include: - Monthly fundamentals data, covering crude and all primary liquids and refined products supply and demand across all major oil producers and consumers. Analysis of oil market fundamentals at both the global and country levels. - Refining market insights and outlook, including information on refinery capacities and throughputs, and refining margins. - OPEC+ compliance insights and monthly/quarterly production forecasts for next 1-2 years or longer. - Coverage of security of supply issues, including of threats of or actual physical disruption. - Insight and data on international trade flows. This includes analysis of the ongoing reorientation of trade flows in light of Western Sanctions on Russian oil. Granular information and current data on global oil pipeline architecture, capacity and international flow data. - Short-, medium- and long-term market outlook, including of oil supply, demand and price. These are grounded in data and analysis of market fundamentals and include commentary around risks and strategic production decisions from OPEC+. Fundamentals analysis includes country-level outlooks for oil supply and demand and commentary/analysis of current and future drivers of oil in the energy mix, including in different sectors.