JBC Energy provides both short and mid to long-term price forecasts for crude oil, petroleum products, natural gas, and LNG in two reports that bring together a vast amount of data and our expert understanding. Our Price Forecasting service allows subscribers to build nuanced price forecasts into their forward-looking analysis.
Empower your organisation with the most comprehensive, authoritative take on how oil markets will develop over the next 15 years with our Mid-Term Outlook report. The report also comes with access to our comprehensive proprietary forecast data.
- A quarterly, easy to digest presentation-style format, featuring regular coverage of the top, middle and bottom-of-the-barrel.
- Newly introduced Energy Transition section charting new technologies and how they are set to impact traditional fossil fuel markets.
- Includes price forecasts for crude oil, petroleum product, natural gas, and LNG as well our outlook on refinery capacity (including secondary units), along with supply, demand and balances for crude and each core petroleum product.
The View report provides subscribers with our latest outlook on crude oil and petroleum product prices for the year ahead including all the key drivers of our analysis.
- Monthly price forecasts for five benchmark crude oils, and eight core petroleum products by region (includes Asia, the US, North West Europe, and the Mediterranean).
- Concise, forward-looking analysis of the market trends driving price changes, both on an outright basis, and in terms of differentials between grades and products.
Our winter price outlook for gas has become more bullish, after prices in Europe and Asia soared to multi-year highs due to tight supply conditions.
We have raised our forecast for gas prices in Asia, Europe and the US for the rest of 2021. Supply constraints (as well as robust demand) are seen to be the main drivers in all three regions, with most of US Gulf Coast production still offline from Hurricane Ida.
We have revised up our Asian and European hub price forecasts as global LNG and pipeline outages are expected to keep the markets relatively tight in the summer. Henry Hub remains supported by strong power generation demand and higher LNG exports.
Our price forecasts for Asia and Europe have been revised up as we expect stronger LNG demand in the third quarter. Meanwhile, our outlook for Henry Hub stays relatively unchanged, with higher power generation demand and firm LNG exports likely to be supporting factors.