ESAI Energy

???????? ???????????? ?????????? ????????+ ???? ?????????????????? ???????????? We are excited to announce ESAI Energy's appointment as an official secondary source for #OPEC+ production monitoring. The Joint Ministerial Monitoring Committee has selected ESAI to assess #crude oil production and conformity for #DoC participating countries, effective as of February 1, 2025. This appointment reflects our 40-year track record of delivering comprehensive, data-driven analysis of global #energy markets. This marks a significant milestone for our organization.

ESAI Energy is honored to join the official list of secondary sources for crude oil production in the Declaration of Cooperation (DoC) countries. Having collected energy data since the mid-1980s, we look forward to executing on this important responsibility.

New Market Alert: ?????????????????? ???????????? ???????????? ???????????????????????? ???? ???????????? ???????????? ???????????? ESAI Energy has released its latest market alert examining how new U.S. policy directions could reshape global energy flows in 2025. Our analysis covers: ?Strategic shifts in sanctions policies affecting major oil producers; ?North American trade dynamics and energy market implications; ?#OPEC's capacity to respond to market disruptions; ?Emerging U.S.-China energy trade patterns. As uncertainties remain around policy implementation timelines, we're carefully monitoring developments to provide ongoing market insights, and to shed light on the associated residual effects on the global energy market. Feel free to reach out to Reid Rothman ([email protected]) for our full report. #EnergyMarkets #GlobalTrade #MarketAnalysis #EnergyPolicy

???????? ???????????? ???????????? ??????????:????????????? ???????????? ???????????? ???? ???????????????????? ???????????????? ?????????????? [10.23.24] The closure of another #refinery in #California was inevitable with the headwinds stacked against suppliers of conventional #gasoline and #diesel in the State. The timing of the announced closure of P66’s Wilmington refinery in California by end-2025 was a bit of a surprise but it highlights how supply adjustments are done on an individual asset basis and may not coincide with regional demand trends. However, given the timing of the closure, declining demand and the production of alternative #fuels to meet tighter emissions requirements, there will be limited impact on the gasoline, diesel and jet fuel #markets. Another closure could have more of an impact, again depending on its timing. To access ESAI Energy's full market alert and its complimentary data, please contact Reid Rothman ([email protected]).

???????? ???????????? ????????-???????? ?????????????? [25 Years] ESAI Energy proudly announces the release of our most expansive annual publication in our Long-Term Outlook for crude oil and crude-adjacent markets. ESAI Energy's 67-page, 25-year outlook provides a comprehensive, bottom-up analysis of global liquid #energy markets, encompassing long-term projections for #supply, #demand, and other key market #fundamentals across all countries and regions. Some highlights below: ?????????????????????????? ?????????????? ?????? ???????????? ?????? ???????????? This chapter examines how economic growth drives #oil demand, analyzing oil usage across different sectors and factors affecting per capita consumption. It also considers how population growth and urbanization influence global oil needs. ???????????????? ???????????? ???????????? Here, oil demand patterns are compared across regions, with a focus on how regional decarbonization efforts and demographic changes impact consumption. The chapter highlights differences in energy use and policies by region. ???????????????? ?????? ?????????????????????? ?????????? This section covers global refining capacity and future adjustments, explores the rise of #alternative #fuels, and assesses their potential market share within the oil industry. It highlights advancements in technology and alternative energy sources. ??????-???????? ???????????? The chapter explores trends in non-OPEC oil production, investment patterns, and factors affecting production costs. It provides projections on how non-OPEC supply will evolve in the coming years. ???????????? ?????? ?????????????? An analysis of global oil supply and demand equilibrium is provided, focusing on OPEC's role in market stabilization. The chapter projects future supply-demand dynamics and their impact on the global oil balance. ?????????? ?????? ?????????? ?????????? This chapter examines major crude oil exporters and importers, evolving trade patterns, and potential shifts in trade flows due to geopolitical and economic factors. ?????????? ?????? ?????????? ?????????????? The final chapter analyzes factors affecting long-term crude oil prices, including supply and demand, geopolitical events, and market trends. It discusses potential drivers of price volatility and investment implications. This landmark report offers critical insights for and in-depth analysis to provide a crucial tool for long-term strategic planning in an evolving energy landscape. For more information or to purchase the report, please contact Reid Rothman ([email protected]). #EnergyOutlook #GlobalOilDemand #MarketIntelligence #ESAIEnergy

?????? ??????????????: ???????????? ?????????????????????????? ?????????????? [August 2024] This monthly report analyzes the global petrochemical market and its feedstocks (ethane, LPG, naphtha), covering market trends, projects, and regional developments. It extends to related sectors, considering factors like consumer behavior, policies, and climate mandates. The accompanying dataset includes comprehensive supply-demand information, ethylene and PDH capacity data, and updated project lists. This approach offers a holistic view of the factors influencing the petrochemical sector. ESAI Energy's August outlook is defined by three key chapters: ?????????? ?????? This chapter examines the current state and future outlook of the global crude oil market. It discusses factors influencing market fundamentals, including refinery throughput, inventory levels, and supply-demand dynamics. The analysis covers OPEC+ strategies and potential geopolitical influences on the market, with a specific focus on certain regions of interest. ?????????????????????????? ?????????????? The Petrochemical Outlook section provides an analysis of ethylene production as an indicator of overall petrochemical demand. It covers production data from major regions and countries, offering insights into their contributions to global output. The chapter includes forecasts for ethylene production and examines regional variations in growth patterns within the petrochemical sector. ?????????????????????????? ???????????????????? This chapter explores the relationship between global economic trends and petrochemical feedstock demand. It references economic projections from authoritative sources like the IMF and discusses the economic performance of key regions and countries. The analysis covers demand patterns for various petrochemical feedstocks, including naphtha, LPG, and ethane, and their connection to broader economic and industry trends. The chapter also provides forecasts for feedstock consumption in the petrochemical sector, breaking down expectations for different types of feedstocks. For more information on full publications, data, and forecasts– please reach out to Reid Rothman ([email protected]). #NGLs #Petrochemicals #Ethane #Butane #Naphtha #LPG #MarketAnalysis #OPEC #Feedstocks #EnergyMarkets

?????? ??????????????: ???????????? ?????????? ?????? ?????????????? [August 2024] ESAI Energy's Global Crude Oil Outlook provides detailed analysis of the global crude oil markets, published each month. It examines crude oil prices, crude oil supply, crude oil demand, crude oil inventories, and crude oil trade. In addition, it includes our bottom-up assessment of the Global Oil Balance, which examines, in detail, oil demand, crude and condensate production, NGLs, alternative fuels, and the call on OPEC crude. Chapters of Latest Global Crude Oil Outlook: ?????????????? This chapter discusses the global crude oil fundamentals, focusing on demand in 2024 and supply in 2025. It addresses OPEC+'s position in this environment and mentions Libya as a point of interest. ???????????? ?????? ?????????????? This section examines the relationship between oil demand growth and non-OPEC supply growth. It discusses OPEC's production decisions and again mentions Libya as a point to watch. ?????????? ?????? ???????????? The chapter covers non-OPEC crude production in 2024, discussing issues in the first half and expectations for the second half. It also provides projections for non-OPEC supply in 2025. ?????????? ???????????? This section focuses on global refinery throughput levels for 2024, discussing revisions to previous forecasts. It also touches on expectations for throughput in 2025. ?????????? ?????? ?????????? The chapter examines the role of the U.S. oil industry in the global market, considering the upcoming presidential election. It also discusses Canadian crude oil sales and changes in California's crude consumption. ?????????? ?????? ?????????????????????? This section provides information on OECD crude inventories in August and stock levels in non-OECD countries. It presents global crude stocks in terms of days of throughput. ???????????? ?????????? ?????? ?????????????? This chapter indicates that a comprehensive Excel file containing historical and forecast data for global monthly crude oil is included. For more information on full publications, data, and forecasts– please reach out to Reid Rothman ([email protected]). #OilMarketAnalysis #EnergyOutlook #CrudeOilTrends #GlobalEnergy #OPECStrategy #RefineryThroughput #OilSupplyDemand #EnergyTrading #PetroleumIndustry #OilInventories #NonOPECProduction #EnergyMarkets

?????? ??????????????: ???????????? ?????????? & ???????????????? ?????????????? [August 2024] The Global Fuels & Refining Outlook is a monthly report that provides comprehensive analysis of global fuel markets and refining operations. Covering gasoline, diesel, jet fuel, and fuel oil, it examines product demand, supply, inventories, and margins alongside refinery throughput, capacity, and maintenance. Using a country-level approach, ESAI Energy integrates macroeconomic and policy factors to deliver regional and global forecasts for product balances, pricing, and refinery operations. This holistic view of fuel markets and refining activities offers critical insights for industry decision-makers. Chapters of Latest Global Fuels & Refining: ???????????? ???????????????? ???????????? This section analyzes current global gasoline demand trends, supply dynamics, and future projections, offering insights into market balance and price spreads. ???????????? ???????????????????? ???????????? An overview of diesel and jet fuel demand patterns, exploring economic factors influencing growth and their impact on global supply-demand balance. ???????????? ???????? ?????? ???????????? Examination of fuel oil demand fluctuations, including seasonal variations and regional impacts, with a focus on bunker fuel and the Panama Canal's influence. ???????????? ???????? ???????????? ?????? ???????????????? ?????????????? Analysis of various fuel spreads and projections, discussing factors affecting refinery margins and potential market shifts in the near term. ???????????? ?????????????? ?????????????????????? Assessment of current stock levels for different fuel types across major regions, providing context for market supply dynamics and seasonal trends. ???????????? ???????????????? ???????????????????? Exploration of global refinery production forecasts, examining factors influencing output and potential impacts on fuel supply in key markets. For more information on full publications, data, and forecasts– please reach out to Reid Rothman ([email protected]). #EnergyMarkets #Data #Forecasts #Gasoline #Demand #Supply #UnitedStates #Distillates #Refining #Fuels #Diesel #FuelOil #Pricing

?????? ??????????????: ?????????? ?????????????? ?????????? [August 2024] In this monthly report, ESAI Energy provides data-driven, evidence-based analysis into the liquid energy sectors of the US (by PADD) and Canada, encompassing crude oil supply, petroleum products, individual shale basins, and key regional updates to the ongoing Energy Transition. Latest North America Watch Highlights: ? ?Forecasting and analyzing the implications of a Democratic victory with respect to the United States energy market. ? ?Review of recent economic data surrounding general fears of a possible U.S recession. ? ?Analysis of the U.S. shale sector and it's response to a period of prolonged inflation. ? ?Landscape of U.S. crude oil exports, pipeline projects, and regional balances. ? ?Detailed data on crude oil production, inventories, and throughput across Canada and the U.S., including insights into production by PADD and individual shale basins ? ?Comprehensive analysis of motor gasoline, diesel, jet fuel, and fuel oil, including demand, supply, and inventory statistics to provide a complete overview of each market. For more information on full publications, data, and forecasts– please reach out to Reid Rothman ([email protected]). #EnergyMarkets #Data #Forecasts #CrudeOil #Gasoline #Demand #Supply #UnitedStates #Canada #Refining #Fuels #Diesel #FuelOil

???????? ????????????'?? ????????-???????? ???????????????? ?????????????????? Annually, our July releases of our global product outlooks forecast 5-years ahead, providing our clients with valuable insights into near to medium-term trends, data, and analytics of global energy and energy-adjacent markets. Some scope of our featured 5-year outlooks: ?????????????????????????? ???????????? ?????????? ???????????????? Provides a data-driven analysis of the fundamentals across gasoline, diesel, jet kerosene, and fuel oil markets, including demand, supply, inventories, and pricing trends. ???????????????????? ??????????????-?????????? ???????????????? ?????????????? Examines country-level developments in refinery crude throughput, maintenance, and capacity, and uses this granular analysis to build integrated regional and global outlooks for refinery crude demand and refined product supply. ?????????????????????????? ???????????? ???????????????? Delves into the changing landscape of the petrochemical market, analyzing the dynamics of key petrochemical feedstocks like ethane, LPG, and naphtha, including market fundamentals, pricing trends, and regional developments. ?????????????????????????? ???????????? ?????????? ?????? ???????????????? Provides a detailed analysis of the global crude oil markets, examining prices, supply, demand, inventories, and trade, as well as a bottom-up assessment of the Global Oil balance. To learn more about our data and market analysis services, please contact Reid Rothman ([email protected]). #EnergyMarkets #Energy #LPG #Naptha #Crude #Refining #Fuels