Crude Oil Overview

The global oil markets have seen significant fluctuations in the past year, with demand driven down by a weak global economy and driven upward after natural disasters in India and Japan.

It is expected that world oil demand growth in 2013 will remain stable. However, weakness in the global economy is still causing a great deal of uncertainty for oil industry professionals worldwide.

ICIS has a long history in examining and reporting on the global crude oil markets. Our experts in Houston, London, Singapore and across China provide market players with the latest pricing information for seven global regions, in-depth analysis on factors driving the price of crude, plus market reviews and outlooks.

Our crude oil market insights deliver all the information needed to stay on top of developments across global markets, for more confident trading and forecasting.

Find out more about our Crude Oil coverage

Active Documents

Raw Materials Price Forecast Methodology – June 2021

Methodology

This is the ICIS Raw Materials Price Forecast Methodology. ICIS continuously develops, reviews and revises its methodologies in consultation with industry participants. ICIS continuously develops, reviews and revises its methodologies in consultation with industry participants. Previous versions of this methodology can be found under Archived Documents. For a copy of an archived methodology document, please […]

World Crude Methodology Consultation 2022

Consultation

ICIS is implementing a process of rolling consultation on all of its pricing methodologies. This consultation paper is part of this formal process and covers all of the ICIS primary price points included in the World Crude publication. The consultation asks both general questions about the suitability of the ICIS pricing methodology and questions addressing […]

World Crude Report Methodology – 28 April 2022

Methodology

The ICIS World Crude Report delivers in-depth information on the global oil trade, giving subscribers insight to a wide range of crude grades across the global markets. ICIS continuously develops, reviews and revises its methodologies in consultation with industry participants. Previous versions of this methodology can be found under Archived Documents. For a copy of […]