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

World Crude Methodology Consultation 2020

Consultation

ICIS has implemented a process of rolling consultation on all of its pricing methodologies. Consultation paper GMC16/20 is part of this formal process and covers all of the ICIS primary price points included in the publication World Crude Report (WCR). This consultation will be open from 29 May until 29 June 2020. ICIS will publish […]

World Crude Report Methodology – 1 August 2020

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 […]

China Oil Market Report (COMR) Methodology – 7 December 2020

Methodology

This is the methodology for the ICIS China Oil Market Report (COMR), which reports the latest developments in the distillates and refinery markets in China daily. ICIS continuously develops, reviews and revises its methodologies in consultation with industry participants. For a copy of an archived methodology document, please email Consultation@icis.com To find out more, please see […]