Crude Oil & Refined Products

The global push to decarbonise energy creates a surprisingly bright future for oil

Understand the outlook for Crude Oil

The low-carbon transition is driving rapid change across global energy systems. Economies will bounce back after the early 2020s pandemic, fuelling demand for energy while oil remains an important part of the supply mix. This offers oil companies a foundation for investment, creating an opportunity to not just survive the transformation – but to thrive in it.

The oil sector must invest and adapt to decarbonisation. Refineries can convert into renewable plants, making biodiesel or biojet fuel. ICIS predictive analytics can help you decide when this would make commercial sense.

The future is bright for oil if companies adapt to crude oil and the changing landscape. As the integrated energy experts, ICIS is your partner, guiding you through the transition with trusted pricing data, predictive analytics, exclusive news and insight. Together we can develop a holistic view of the challenges – and many opportunities – that lie ahead.




ICIS has been a trusted independent source of global energy market intelligence for over three decades. Our crude oil team based across the globe’s key oil regions collates, data from a wide range of market participants daily.

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Now, more than ever, dynamic insights are key to navigating complex, volatile commodity markets.

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