Global Long Term Outlook

The “Global Long Term Outlook” was launched in January 2023 and is a monthly report available to subscribers of the OMJ Professional Service. The report analyses global oil supply and demand fundamental data that is published by the US Department of Energy’s (DOE) Energy Information Administration on a monthly basis.

The “Global Long Term Outlook” informs clients on the long-term outlook for oil prices by assessing forecasted fundamental supply and demand balances from the DOE.

The report includes:

  • Monthly oil price trend forecast from the OMJ markets team based on fundamental data published by the DOE
  • Monthly analysis of global crude supply and demand balances
  • Monthly analysis of OECD stocks and OPEC spare capacity