Oil rises settles higher; US inflation data feeds rate cut hopes

  • Medium Text

A view shows oil terminal Kozmino near Nakhodka

  • Brent crude futures rise 0.3%, WTI up 0.4%
  • Slowdown in U.S. inflation raises bets on interest rate cut
  • WTI futures record steepest backwardation since April
  • IEA, OPEC at odds over oil demand growth

Sign up here.

Reporting by Shariq Khan in New York, Robert Harvey and Paul Carsten in London, Arunima Kumar in Bengaluru, Arathy Somasekhar in Houston and Colleen Howe in Beijing; Editing by Emelia Sithole-Matarise, David Gregorio and David Evans

Our Standards: The Thomson Reuters Trust Principles. New Tab , opens new tab

A pumpjack operates at the Vermilion Energy site in Trigueres

Business Chevron

Burberry Names New Boss

Who is Joshua Schulman, Burberry's new CEO and luxury veteran?

British luxury brand Burberry named Joshua Schulman as its new CEO on Monday after warning on profit and scrapping its dividend payment for this year.

Burberry Names New Boss

We've detected unusual activity from your computer network

To continue, please click the box below to let us know you're not a robot.

Why did this happen?

Please make sure your browser supports JavaScript and cookies and that you are not blocking them from loading. For more information you can review our Terms of Service and Cookie Policy .

For inquiries related to this message please contact our support team and provide the reference ID below.

Create an account

Create a free IEA account to download our reports or subcribe to a paid service.

Oil Market Report - August 2022

08 August

This report is part of Oil Market Report

About this report

The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market – including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries.

  • Soaring oil use for power generation and gas-to-oil switching are boosting demand. In this Report, we have raised our estimates for 2022 global demand growth by 380 kb/d, to 2.1 mb/d. Gains mask relative weakness in other sectors, and a slowdown in growth from 5.1 mb/d at the start of the year to less than 100 kb/d by 4Q22. World oil demand is now forecast at 99.7 mb/d in 2022 and 101.8 mb/d in 2023.
  • World oil supply hit a post-pandemic high of 100.5 mb/d in July as maintenance wound down in the North Sea, Canada and Kazakhstan. OPEC+ ramped up total oil production by 530 kb/d in line with higher targets and non-OPEC+ rose by 870 kb/d. World oil supply is set to rise by a further 1 mb/d by year-end. In this Report, we revise up our forecast for Russian oil output but have lowered the outlook for North America.
  • Refinery throughputs rose by 1.1 mb/d in July and are set for a further 350 kb/d gain this month, when runs will reach their highest level since January 2020. The increase was above refined product demand, driving cracks and refinery margins sharply below the all-time highs seen in June. Global refinery runs are now on track to rise by 2.6 mb/d in 2022 and 1.3 mb/d next year.
  • Russian oil exports fell by 115 kb/d in July to 7.4 mb/d, from about 8 mb/d at the start of the year. Crude and oil product flows to the US, UK, EU, Japan and Korea have slumped by nearly 2.2 mb/d since the outbreak of the war, two-thirds of which have been rerouted to other markets. Export revenues fell from 21 bn in June to $19 bn in July, on both reduced volumes and lower oil prices.
  • Global observed inventories fell by a marginal 5 mb in June, with a drawdown in both OECD and non-OECD stocks partially offset by an increase in oil on water. OECD total industry stocks increased by 6.2 mb, to 2 681 mb but remained 292.1 mb below the five-year average. Government stocks released to the market totalled 33.8 mb in June, the largest drawdown since March.
  • Benchmark crude oil futures have sunk by around $30/bbl since a June peak as worsening economic prospects and oil demand growth weighed on sentiment. At the time of writing, Brent traded at around $97/bbl and WTI $92/bbl. Steadier forward prices flattened backwardation across the futures curve and prompt physical premiums eased.

Summer heat

Rising oil supplies and escalating concerns over the deteriorating economic outlook have knocked around $30/bbl off prices from a peak in June. For product prices and refinery margins, the plunge has been even steeper as a sharp run-up in refinery activity collided with lacklustre driving demand during the Northern Hemisphere summer season. At the time of writing, ICE Brent futures were around $97/bbl while NYMEX WTI were trading at $92/bbl.

At the same time, natural gas and electricity prices have soared to new records, incentivising gas-to-oil switching in some countries. With several regions experiencing blazing heatwaves, the latest data confirm increased oil burn in power generation, especially in Europe and the Middle East but also across Asia. Fuel switching is also taking place in European industry, including refining. In this Report, we have revised our forecast for world oil demand higher for the remainder of the year, but growth is nonetheless expected to slow from 5.1 mb/d in 1Q22 to a marginal 40 kb/d by 4Q22. World oil demand is now seen rising by 2.1 mb/d in 2022 to 99.7 mb/d and by a further 2.1 mb/d next year, when it surpasses pre-Covid levels at 101.8 mb/d.

The outlook for world oil supply has been revised upward, with more limited declines in Russian supply than previously forecast. While Russia’s exports of crude and oil products to Europe, the US, Japan and Korea have fallen by nearly 2.2 mb/d since the start of the war, the rerouting of flows to India, China, Türkiye and others, along with seasonally higher Russian domestic demand has mitigated upstream losses. By July, Russian oil production was only 310 kb/d below pre-war levels while total oil exports were down just 580 kb/d. The EU embargo on Russian crude and product imports that comes into full effect in February 2023 is expected to result in further declines, as some 1 mb/d of products and 1.3 mb/d of crude would have to find new homes.

In a largely symbolic move, OPEC+ agreed in early August to raise its supply target by just 100 kb/d for September, significantly lower than the July and August scheduled increases of 648 kb/d. The group noted that “severely limited” spare capacity should be used with “great caution in response to severe supply disruptions”, suggesting that substantial further OPEC+ output increases are unlikely in the coming months.

Even so, builds in global inventories are now projected at around 900 kb/d during the rest of this year and 500 kb/d over the first half of 2023. The release of additional emergency stocks through at least October will provide further relief. By end-June, around 150 mb of the volumes committed through IEA collective actions and individual IEA member SPR sales had yet to find its way to the market. With OECD industry stocks still some 290 mb below their five-year average, such builds could help ease market tensions. But with supply increasingly at risk to disruptions, another price rally cannot be excluded. 

OPEC+ crude oil production 1 million barrels per day

Algeria 1.02 1.02 206% 1.04 1.01
Angola 1.18 1.18 1338% 1.50 1.16
Congo 0.28 0.26 1300% 0.32 0.28 0.02
Equatorial Guinea 0.09 0.10 1350% 0.13 0.11 0.00
Gabon 0.19 0.21 -575% 0.18 0.20 -0.01
Iraq 4.44 4.49 223% 4.58 4.70 0.21
Kuwait 2.68 2.77 95% 2.77 2.79 0.02
Nigeria 1.16 1.08 2497% 1.80 1.33 0.25
Saudi Arabia 10.58 10.83 102% 10.83 12.22 1.39
UAE 3.24 3.28 -273% 3.13 4.12 0.84
Iran 2.57 2.52 3.80
Libya 0.63 0.68 1.20 0.52
Venezuela 0.73 0.63 0.76 0.13
Azerbaijan 0.52 0.56 1301% 0.71 0.58 0.02
Kazakhstan 1.25 1.42 1007% 1.68 1.65 0.23
Mexico 1.62 1.63 1.75 1.66 0.03
Oman 0.85 0.85 200% 0.87 0.86 0.01
Russia 9.78 9.80 719% 10.83 10.20
Others 0.88 0.86 1381% 1.09 0.93 0.07

1. Excludes condensates. 2. Capacity levels can be reached with 90 days and sustained for extended period. 3. Excludes shut in Iranian, Russian crude. 4. Iran, Libya, Venezuela exempt from cuts. 5. Mexico excluded from OPEC+ compliance. Only cut in May, June 2020. 6. Bahrain, Brunei, Malaysia, Sudan and South Sudan.

Cite report

IEA (2022), Oil Market Report - August 2022 , IEA, Paris https://www.iea.org/reports/oil-market-report-august-2022

Share this report

  • Share on Twitter Twitter
  • Share on Facebook Facebook
  • Share on LinkedIn LinkedIn
  • Share on Email Email
  • Share on Print Print

Subscription successful

Thank you for subscribing. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter.

Create an account

Create a free IEA account to download our reports or subcribe to a paid service.

Oil Market Report - October 2021

10 October

About this report

  • The ongoing energy crisis has prompted a switch to oil that could boost demand by 500 kb/d compared with normal conditions. This contributed to an upward revision to our 2021 and 2022 forecast, by 170 kb/d and 210 kb/d respectively. Global oil demand is now forecast to rise by 5.5 mb/d in 2021 and 3.3 mb/d in 2022 when it reaches 99.6 mb/d, slightly above pre-Covid levels.
  • World oil supply has resumed its uptrend as OPEC+ continues to unwind cuts, the US bounces back from Hurricane Ida and maintenance winds down. From September through end-2021, global output is set to rise 2.7 mb/d with OPEC+ accounting for 1.5 mb/d and non-OPEC+ pumping the rest. Total oil output fell 260 kb/d in September to 96 mb/d, led by steeper US hurricane losses.
  • Global refinery activity in 3Q21 continued to disappoint, with lower throughputs in China and India in August only partially offset by a stronger performance in OECD Asia and Europe. Implied 3Q21 refined product balances show the largest draw in eight years, which explains the strong increase in refinery margins in September despite significantly higher crude prices.
  • OECD total industry stocks drew by 28 mb in August to 2 824 mb, 162 mb below pre-Covid five-year average. Preliminary September data for the US, Europe and Japan show on-land industry stocks fell by a further 23 mb. Crude oil held in floating storage decreased by 8.5 mb to 98 mb in August.
  • Crude oil prices hit a seven-year high in early October boosted by energy supply concerns and continued oil stock draws. North Sea Dated prices rose by $3.65/bbl on average in September to $74.40/bbl and WTI at Cushing $3.84/bbl to $71.56/bbl. Strong backwardation restrained crude price differentials to marker crudes over the month.

Bumpy road ahead

Oil prices are scaling multi-year highs as a shortage of natural gas, LNG and coal boosts demand for oil, which could keep the market in deficit through at least the end of the year. Brent crude futures rose by more than $10/bbl to surpass $83/bbl, while WTI traded above $80/bbl at the time of writing.

The surge in prices has swept through the entire global energy chain, fuelled by robust economic growth as the world emerges from the pandemic. Record coal and gas prices as well as rolling black-outs are prompting the power sector and energy-intensive industries to turn to oil to keep the lights on and operations humming. The higher energy prices are also adding to inflationary pressures that, along with power outages, could lead to lower industrial activity and a slowdown in the economic recovery.

For now, a reduction in the number of new Covid cases and rising mobility are lending support to oil demand. Global gasoline demand is currently running 2% below pre-Covid levels compared with a deficit of more than 10% at the start of the year. Air-travel is lagging further behind. All in all, world oil demand is forecast to rise by 5.5 mb/d, to 96.3 mb/d in 2021 and 3.3 mb/d in 2022, when it is set to reach pre-Covid levels.

World oil supply, meanwhile, is projected to rise sharply in October as US output bounces back from Hurricane Ida and OPEC+ continues to unwind cuts. Earlier this month the producer group reconfirmed its agreement to boost output by 400 kb/d for November, despite calls from major consuming countries for a more substantial increase to stall the decline in global oil inventories and the rise in prices. Preliminary data shows OECD industry stocks fell 23 mb in September to stand 210 mb below their five-year average and at their lowest level since March 2015.

With OPEC+ currently on track to pump 700 kb/d below the call for its crude during 4Q21, inventories will continue to decline. As the bloc ramps up production, its spare capacity will dwindle. Compared with a cushion of 9 mb/d in 1Q21, effective spare capacity could fall below 4 mb/d by 2Q22 and be concentrated in only a few Middle Eastern countries, although supply is expected to exceed demand. Shrinking global spare capacity underscores the need for increased investments to meet demand further down the road.

As the IEA’s World Energy Outlook 2021 published this week highlights, the world is not investing enough to meet its future energy needs. Transition-related spending is gradually picking up, but remains far short of what is required to meet the rising demand for energy services in a sustainable way. At the same time, the amount being spent on oil appears to be geared towards a world of stagnant or falling demand. A surge in spending on clean energy transitions provides the way forward, but this needs to happen quickly or global energy markets will face a bumpy road ahead.

Cite report

IEA (2021), Oil Market Report - October 2021 , IEA, Paris https://www.iea.org/reports/oil-market-report-october-2021, Licence: CC BY 4.0

Share this report

  • Share on Twitter Twitter
  • Share on Facebook Facebook
  • Share on LinkedIn LinkedIn
  • Share on Email Email
  • Share on Print Print

Subscription successful

Thank you for subscribing. You can unsubscribe at any time by clicking the link at the bottom of any IEA newsletter.

  • News & Analysis
  • Our Experts
  • Our Locations
  • In the Media

EI Cupcake Icon 2.png

OIL MARKETS DATA

Detailed datasets to monitor global oil supply, demand, inventories, trade and prices.

Return to Oil Markets Service Homepage

Upstream Projects Tracker

Detailed data on upcoming global oil projects

Explore Data

  • Supply & Demand
  • Inventories
  • Russia Analytics
  • Methodology

WORLD CRUDE OIL DATA HOMEPAGE

Latest news image

Oil & Gas Insights

What’s next for natural gas: a talk with williams ceo alan armstrong, more insights, featured collections.

Accelerating the journey to net zero

Accelerating the journey to net zero

The AI-enabled utility: Rewiring to win in the energy transition

The AI-enabled utility: Rewiring to win in the energy transition

A more orderly transition: Navigating energy in 2023

A more orderly transition: Navigating energy in 2023

Want to learn more about how we help clients in oil & gas.

Oil and Gas Blog

Oil & Gas Blog

McKinsey Energy Insights

Energy Solutions

Keep exploring.

  • Sustainable Materials Hub

Connect with our Oil & Gas Practice

oil market research

Christmas and New Year Offer : Single User - 20% Discount | Corporate User - 25% Discount | Regional Report - 15% Discount

Crude Oil Market – Global Industry Analysis and Forecast (2024-2030)

“ Christmas and New Year Offer : Single User - 20% Discount | Corporate User - 25% Discount | Regional Report - 15% Discount ”

  • Request Sample
  • Customization

Crude Oil Market Overview:

Crude Oil Market

Crude Oil Market Dynamics:

The covid-19 pandemic reduced global crude oil production by 6.1%:, crude oil market segment analysis:, regional insights:, crude oil market scope: inquire before buying.

Crude Oil Market
Details
2023 2024-2030
2018 to 2023 US $ 1450.01 Bn.
1.8% US $ 1642.88 Bn.
by Product Type Paraffin Naphthene Aromatics Asphaltic
by Application Transportation Mining Agriculture Refining

Crude Oil Market, by Region

Key players are:, frequently asked questions:, about this report.

Report ID 72016
Category Material & Chemical
Published Date June 2024
Updated Date
Over all Rating
"Rating is based on reviews"
  • INQUIRE BEFORE BUYING

Related Reports

Cast polypropylene packaging films market- global industry analysis and forecast (2023-2029).

  • Price for Single User : 4600 USD
  • Report ID : 63476
  • May 20, 2020

Cast Polypropylene Packaging Films Market was valued US$ 1.34 Bn. in 2022 and is expected to grow US$ 2.00 Bn. by 2029, at a CAGR of 5.86% during the forecast period. The report study has analyzed revenue impact of COVID-19 pandemic on the sales revenue of market leaders, market followers and market disrupters in the report and same is reflected […]

Synthetic Graphite Market: Global Industry Analysis and Forecast (2024-2030)

  • Report ID : 64117
  • June 03, 2020

The Synthetic Graphite Market size was valued at USD 2.99 Billion in 2023 and the total Synthetic Graphite revenue is expected to grow at a CAGR of 6.83 % from 2024 to 2030, reaching nearly USD 4.75 Billion by 2030. Synthetic graphite is a high-purity carbon material manufactured through the heating of petroleum coke at elevated temperatures, […]

Oil Well Cement Market – Global Industry Analysis and Forecast (2024-2030)

  • Report ID : 65322
  • June 22, 2020

The Oil Well Cement Market is expected to grow at a CAGR of 7.40% during the forecast period. Global Oil Well Cement Market is expected to reach US$ 2095.97 Mn by 2030. The report study has analyzed the revenue impact of COVID -19 pandemic on the sales revenue of market leaders, market followers, and market disrupters in the report, and the same […]

Ductile Iron Pipes Market- Global Industry Analysis and Forecast (2024-2030)

  • Report ID : 66414
  • July 17, 2020

Ductile Iron Pipes Market was valued at US$ 8.53 Bn in 2023 and is expected to reach US$ 14.81 Bn by 2030, at a CAGR of 8.2% during a forecast period. Revolution in the technology with advanced material is the trend of the current transformation process; ductile iron pipe in one the great result of this. In a comparison of other material, the […]

Tire Material Market- Global Forecast and Analysis (2023-2029)

  • Price for Single User : 2600 USD
  • Report ID : 68375
  • August 04, 2020

Tire Material Market was valued at USD 89.24 Bn in 2022 and is expected to reach USD 131.38 Bn by 2029 at a CAGR of 5.68% over the forecast period 2023-2029. The report covers an in-depth analysis of COVID 19 pandemic impact on Global Tire Material Market by region and on the key players revenue affected till April 2020 and expected short term […]

Our Clients

72016
Material & Chemical
June 2024

Report Payment

--> --> -->
--> --> $ 4600
$ 3500
$ 6900
 
 
 
 
 

Get call back from us

  • IT & Telecommunication
  • Electronics
  • Chemical & Material
  • Energy & Power
  • Food & Beverages
  • Automotive & Transportation
  • Aerospace & Defense
  • Life Science
  • Biotechnology
  • Automation & Process Control
  • Mining & Metals
  • Engineering Equipment
  • Medical Devices
  • Consumer Goods & Services
  • Semiconductor
  • Subscription Model
  • Competitive Intelligence
  • Advance Analytics
  • Technologies
  • Go-To-Market Strategy
  • Market Potential
  • Mergers and Acquisitions
  • Pricing Analysis
  • Supply Chain Consultation
  • Press Releases

logo

Crude Oil Market Research & Analysis

Client and data-driven, independent research and analysis of the global crude oil markets.

oil-gas-min

Crude Oil Research & Analysis

Our crude oil market service provides an objective view of global crude oil prices as well as the key drivers and trends influencing crude oil markets. The service provides quantitative and qualitative analysis of the changing data, dynamics, trends and structure of the crude oil markets, positioning clients to better manage risks and capture opportunities.

Our crude oil research and analysis is unique and adds value because it is forward-looking and objective and often examines aspects of the crude oil markets which are not being addressed by others or challenges conventional market wisdom.

The service also offers executive briefings, on-call access and on-site strategy sessions with our market analysts as well as complimentary passes to the events we host each year in Houston, London, Singapore & Dubai.

Subscriptions to our crude oil market service are currently available by invitation only. To request an invitation or obtain more information about the service, including the agenda and deliverables, please provide us with your contact information and we will promptly follow up with you.

Logo Research and Markets

  • Energy and Natural Resources /
  • Fossil Fuels /

Oil Market Research Reports

  • 4,806 Results (Page 1 of 241)

Oil-gas Cable Market Forecasts from 2023 to 2028 - Product Thumbnail Image

Oil-gas Cable Market Forecasts from 2023 to 2028

  •  Report
  • November 2023

Oils Obtained from BituminoMinerals Market Outlook Report - Industry Size, Trends, Insights, Market Share, Competition, Opportunities, and Growth Forecasts by Segments, 2022 to 2030 - Product Thumbnail Image

Oils Obtained from BituminoMinerals Market Outlook Report - Industry Size, Trends, Insights, Market Share, Competition, Opportunities, and Growth Forecasts by Segments, 2022 to 2030

  • August 2023

Oil Dispersible Color Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F - Product Thumbnail Image

Oil Dispersible Color Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F

Cannabis Indica Oil Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F - Product Thumbnail Image

Cannabis Indica Oil Market - Global Industry Size, Share, Trends, Opportunity, and Forecast, 2018-2028F

Oil Gas Fabrication Market - Global Industry Size, Share, Trends, Opportunity, & Forecast 2019-2029 - Product Thumbnail Image

Oil Gas Fabrication Market - Global Industry Size, Share, Trends, Opportunity, & Forecast 2019-2029

  • January 2024

Gulf Cooperation Council and Africa's Economic Diversification and Emerging Non-Oil Growth Opportunities - Product Thumbnail Image

Gulf Cooperation Council and Africa's Economic Diversification and Emerging Non-Oil Growth Opportunities

Hydrogen Generation Market by Type (Gray, Green, Blue), Process (Hydrogen Generation, Hydrogen Storage), Source (Fossil Fuels, Nuclear, Solar), Application (Ammonia Production, Petroleum Refinery, E-mobility, Power Generation)-Global Forecast to 2030 - Product Thumbnail Image

Hydrogen Generation Market by Type (Gray, Green, Blue), Process (Hydrogen Generation, Hydrogen Storage), Source (Fossil Fuels, Nuclear, Solar), Application (Ammonia Production, Petroleum Refinery, E-mobility, Power Generation)-Global Forecast to 2030

Global Drilling Tools Market - Outlook & Forecast 2024-2029 - Product Thumbnail Image

Global Drilling Tools Market - Outlook & Forecast 2024-2029

Global Re-Refined Base Oil Market - Outlook & Forecast 2023-2028 - Product Thumbnail Image

Global Re-Refined Base Oil Market - Outlook & Forecast 2023-2028

  • September 2023

Global Downhole Tools Market Location of Deployment (Onshore, Offshore), Tool Type (Drilling Tools, Flow and Pressure Control Tools, Impurity Control Tools, Logging Tools, Handling Tools), Application and Region - Forecast to 2029 - Product Thumbnail Image

Global Downhole Tools Market Location of Deployment (Onshore, Offshore), Tool Type (Drilling Tools, Flow and Pressure Control Tools, Impurity Control Tools, Logging Tools, Handling Tools), Application and Region - Forecast to 2029

Global Asset Integrity Management Market by Service Type (NDT, Risk-based Inspection, Corrosion Management, Pipeline Integrity, Hazard Identification, Structural Integrity Management, Reliability Availability and Maintainability) - Forecast to 2029 - Product Thumbnail Image

Global Asset Integrity Management Market by Service Type (NDT, Risk-based Inspection, Corrosion Management, Pipeline Integrity, Hazard Identification, Structural Integrity Management, Reliability Availability and Maintainability) - Forecast to 2029

Global Catalyst Handling Services Market by Service Type (Catalyst loading/Unloading, Catalyst Screening, Segregation, & Storage, Catalyst Transport & Handling, Spent Catalyst Holding), End-use Industry (Petroleum Refining) and Region - Forecast to 2028 - Product Thumbnail Image

Global Catalyst Handling Services Market by Service Type (Catalyst loading/Unloading, Catalyst Screening, Segregation, & Storage, Catalyst Transport & Handling, Spent Catalyst Holding), End-use Industry (Petroleum Refining) and Region - Forecast to 2028

Global Downhole Fishing Equipment Market Outlook 2022-2035 - Product Thumbnail Image

Global Downhole Fishing Equipment Market Outlook 2022-2035

Global Automotive Turbocharger Market by Diesel & Gasoline Turbo (VGT, Wastegate, e-Turbo), Component (Turbine Wheel, Compressor Wheel, Housing), Material, Off-Highway Equipment, Vehicle Type, Fuel Type, Aftermarket and Region - Forecast to 2030 - Product Thumbnail Image

Global Automotive Turbocharger Market by Diesel & Gasoline Turbo (VGT, Wastegate, e-Turbo), Component (Turbine Wheel, Compressor Wheel, Housing), Material, Off-Highway Equipment, Vehicle Type, Fuel Type, Aftermarket and Region - Forecast to 2030

Global Digital Oilfield Market by Solution (Hardware, Software & Service, Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore, Offshore), Technology and Region - Forecast to 2029 - Product Thumbnail Image

Global Digital Oilfield Market by Solution (Hardware, Software & Service, Data Storage Solutions), Processes (Reservoir, Production, Drilling Optimizations, Safety Management), Application (Onshore, Offshore), Technology and Region - Forecast to 2029

Global Industrial Absorbents Market by Material type (natural organic & inorganic, synthetic), Product (pads, booms & socks), Type (universal, oil-only, HAZMAT), End-use industry (oil & gas, chemical, food processing), and Region - Forecast to 2028 - Product Thumbnail Image

Global Industrial Absorbents Market by Material type (natural organic & inorganic, synthetic), Product (pads, booms & socks), Type (universal, oil-only, HAZMAT), End-use industry (oil & gas, chemical, food processing), and Region - Forecast to 2028

Global Artificial Lift Market by Type (ESP, PCP, Rod Lift, Gas Lift), Mechanism (Pump Assisted (Positive Displacement, Dynamic Displacement), Gas Assisted), Well Type (Horizontal, Vertical), Application (Onshore, Offshore) and Region - Forecast to 2028 - Product Thumbnail Image

Global Artificial Lift Market by Type (ESP, PCP, Rod Lift, Gas Lift), Mechanism (Pump Assisted (Positive Displacement, Dynamic Displacement), Gas Assisted), Well Type (Horizontal, Vertical), Application (Onshore, Offshore) and Region - Forecast to 2028

Demulsifier Market by Type (Oil Soluble, Water Soluble) Application (Crude Oil, Petroleum Refineries, Lubircant Manufacturing, Oil Based Power Plants, Sludge Oil Treatment) & Region (APAC, North America, Europe, MEA, South America) Global Forecast to 2028 - Product Thumbnail Image

Demulsifier Market by Type (Oil Soluble, Water Soluble) Application (Crude Oil, Petroleum Refineries, Lubircant Manufacturing, Oil Based Power Plants, Sludge Oil Treatment) & Region (APAC, North America, Europe, MEA, South America) Global Forecast to 2028

Global Industrial Absorbents Market: Analysis by Type, Product Type, End User, Region Size & Forecast with Impact Analysis of COVID-19 and Forecast up to 2028 - Product Thumbnail Image

Global Industrial Absorbents Market: Analysis by Type, Product Type, End User, Region Size & Forecast with Impact Analysis of COVID-19 and Forecast up to 2028

Oil and Gas Pipes - Global Strategic Business Report - Product Thumbnail Image

Oil and Gas Pipes - Global Strategic Business Report

The Oil market is a complex and dynamic industry that involves the production, refining, and distribution of petroleum products. It is a major source of energy for the world, and its products are used in a variety of applications, from transportation to heating and cooling. The oil market is composed of a variety of players, including oil producers, refiners, and distributors. Oil producers are responsible for extracting crude oil from the ground, while refiners process the crude oil into various products, such as gasoline, diesel, and jet fuel. Distributors then transport the products to end users. The oil market is highly competitive, with many companies vying for market share. Some of the major players in the market include ExxonMobil, Chevron, BP, Royal Dutch Shell, Total, and ConocoPhillips. These companies are involved in all aspects of the oil market, from exploration and production to refining and distribution. Show Less Read more

ASK A QUESTION

We request your telephone number so we can contact you in the event we have difficulty reaching you via email. We aim to respond to all questions on the same business day.

oil market research

  • Rosemary Oil Market

Region : Global | Format: PDF | Report ID: BRI102302 | SKU ID: 21459856

Rosemary Oil Market Size, Share, Growth, and Industry Analysis By Type (Rosemary 100%, Rosemary 99%, and Others), By Application (Food, Medical, Cosmetics, and Others ) Regional Forecast To 2031

  • Table of Content
  • Methodology
  • Segmentation
  • Get a Quote
  • Request Sample PDF

Request FREE sample PDF

Pharmacy benefit management market

We are committed to keeping your personal information safe and secure, Privacy Policy

Rosemary Oil Market Report Overview

The global rosemary oil market size was expected to be USD 13.21 billion in 2021 and the market is projected to touch USD 17.53 billion by 2030, exhibiting a Compound annual growth rate (CAGR) of 3.16% during the forecast period. The market's growth and demand returning to pre-pandemic levels when the pandemic is finished is what caused the abrupt increase in CAGR.

Rosmarinus officinalis, also called Rosmarinus coronarium, belongs to the Labiatae family and is the source of rosemary oil, which is often referred to as incense. The oil is transparent in colour and has a fluid viscosity. It has a strong, energizing, herbal scent. By using steam distillation, rosemary oil is produced from the young flowering tops. It produces 1.0 to 2.0%. A-pinene, borneol, b-pinene, camphor, boranyl acetate, camphene, 1,8-cineole, and limonene are the primary chemical components of rosemary oil. Analgesic, hepatic, carminative, antidepressant, astringent,  cephalic, cordial, digestive, diuretic,cholagogues, emmenagogue,  hypertensive, nervine, rubefacient, stimulant, sudorific, and tonic are some of the medicinal benefits of the oil.

There are organic and conventional varieties of rosemary essential oil. Over time, it is projected that organic rosemary essential oil will surpass conventional. Because customers are beginning to accept items with the organic label as healthier and more pure, the market is anticipated to rise throughout the projected period.

COVID-19 Impact: The Skincare and Pharmaceuticals Benefits Among Consumers to Increase Market Demand

The COVID-19 outbreak caused slow growth in several industries and companies. As the number of COVID-19 cases dramatically increased, numerous countries adopted restrictions to contain the new virus. The demand for the oil was also damaged by the pandemic. Consumers are becoming more aware of the detrimental effects of artificial additives, which has led them to choose natural products. Aromatherapy is increasingly in demand. Previously, it was thought of as a complimentary therapy, but it is now seen as a mainstream treatment. The rosemary oil market growth is probably being driven by the rising demand for organic products.

LATEST TRENDS

" The Application of the Product as Organic Essential Oils to Advance the Market Share "

Consumers are becoming more aware of the detrimental effects of artificial additives, which has led them to choose natural products. Aromatherapy is increasingly in demand. Previously, it was thought of as a complimentary therapy, but it is now seen as a mainstream treatment. The rosemary oil market share is probably being driven by the rising demand for organic products.

Rosemary Oil Market SEGMENTATION

Based on type; the rosemary oil market is divided into 100%,  99% and others.

  • By Application

Based on the application; the rosemary oil market is divided into food, medical, cosmetics and others.

DRIVING FACTORS

" Wide Utilization in P harmaceutical Therapies to Uplift the Market Demand "

In older persons with dementia, especially those who have Alzheimer's disease, inhaling rosemary oil may help you focus and retain information. The use of rosemary essential oil in aromatherapy can strengthen the immune system and treat disorders linked to ongoing health issues. Numerous studies have revealed that rosemary essential oil is expected to reduce the growth of malignant tumours by preventing the creation of malignant cells. The usage of natural antioxidant products to treat various pathological liver disorders is on the rise.It is mostly used in the pharmaceutical sector to treat indigestion and cramps in the stomach. Due to its effectiveness in reducing pain, it is frequently used to treat headaches, muscle discomfort, rheumatism, and even arthritis. Because of the captivating perfume of rosemary, rosemary essential oil is a great inhalant.

" The Rising Demand for Oil in Cosmetics and Skincare to Drive the Market Growth "

As an astringent and anti-inflammatory ingredient in skincare products, rosemary essential oil is increasingly in demand in the cosmetic and skincare business. Additionally, as it meets customer desire for products with clean labels, the market for rosemary essential oil is anticipated to expand over the course of the projected period. The rosemary essential oil market is expanding globally as a result of the rising usage of rosemary in skincare and medicine.

Growing problems like hair loss, which is more prevalent in some nations than others, are widespread issues. advantages of rose mary essential oil. Rosemary essential oil has the ability to stimulate follicles, causing hair to grow longer and stronger as a result. Growing interest in aromatherapy is driving demand worldwide, particularly in Middle Eastern nations, for natural and organic fragrances.

RESTRAINING FACTORS

" The Rise in the Demand for the Oil Globally to Restrain the Market Growth "

The expansion of the global market for rosemary oil is being constrained by the rise of the global market for rosemary essential oil. Since a large number of rosemary leaves are needed to produce only one ounce of the oil, worries over resource depletion may prevent the global markets for rosemary essential oil from growing. Another factor that would limit rosemary oil market growth globally is the high cost of production.

Rosemary Oil Market REGIONAL INSIGHTS

" European Region to Lead the Market with Volume Production "

More than quarter of the market was accounted for by the Europe region in 2021. The European market offers potential for rosemary oil suppliers. The regions of Tunisia and Morocco account for over 70% of the world's production of rosemary essential oil. The market for natural cosmetics has benefited from a trend in Europe where people tend to believe that natural chemicals are safer than synthetic ones. Additionally, the region's consumers now favour natural skin care products due to supporting import and trade policies, changing lifestyle preferences, and other factors.

KEY INDUSTRY PLAYERS

" Key Industry Players to Promote the Market Expansion "

The market's expansion was significantly impacted by the techniques employed by market participants in recent years, such as extensions. The report covers details and information about the firms and their interactions with the market. The data is gathered and published through appropriate research, technological advancements, expansions, and expanding machinery and equipment. Other considerations taken into account for this market are the businesses that develop and provide new products, the geographic areas in which they function, mechanization, innovation strategies, generating the maximum revenue, and using their products to make a significant difference.

List of Market Players Profiled

  • AYACHI GROUP
  • Prinova (U.S.A)
  • Biolandes SA (France)
  • Royal Aroma (U.S.A)
  • BORDAS S.A. (Spain)
  • Reho Natural Ingredients (India)
  • Katyani Exports (India)
  • Albert Vieille (France)
  • Xi’an Fengzu Biological Technology (China)
  • OUAHADA TUNISIE
  • The Lebermuth Company (U.S.A)
  • Paras Perfumers (India)
  • R. K. Essential Oils Company (India).

REPORT COVERAGE

This report covers a comprehensive backdrop analysis, an assessment of the parent market, intensive study in the market dynamics. Past historical, current, and projected size of the market from the point of both value and volume. Researching  of recent industry developments,  deep study on market shares and strategies of major players and the emerging niche segments and regional market areas are covered in the report.

Rosemary Oil Market Report Coverage
REPORT COVERAGE DETAILS

Market Size Value In

US$ 13.21 Billion in 2021

Market Size Value By

US$ 17.53 Billion by 2030

Growth Rate

CAGR of 3.16% from 2021 to 2030

Forecast Period

2022-2028

Base Year

2023

Historical Data Available

Yes

Regional Scope

Global

Segments Covered

Frequently Asked Questions

Based on our research, the global rosemary oil market is projected to touch USD 17.53 billion by 2030.

The rosemary oil market is expected to exhibit a CAGR of 3.16% by the forecasted year 2030.

The wide utilization in the pharmaceutical sector and the application of the product in skin care and cosmetics drive the rosemary oil market growth.

AYACHI GROUP, Prinova, Biolandes SA, Royal Aroma, BORDAS S.A., Reho Natural Ingredients, Katyani Exports, Albert Vieille, Xi’an Fengzu Biological Technology, OUAHADA TUNISIE, The Lebermuth Company, Paras Perfumers, R. K. Essential Oils Company and others are the top companies operating in the rosemary oil market.

US$ 3250 US$ 4400 US$ 6500

1 user only

2 to 10 users

NA

NA

20%

1 Month

3 Months

6 Months

(through calls/email)

Only Email

(Applicable for only 1 Report on the sale license type) (offer Valid for a Month Only)

No Discount

10%

20%

Request For FREE Sample PDF

Captcha

  • Food and Beverages
  • Vegetable Oils

Palm Oil Market

Global Palm Oil Market to Grow at a CAGR of 2.8% between 2024-2032

Palm Oil Market

Global Palm Oil Market Size, Share, Growth, Analysis: By Application: Food Products, Consumer Products, Energy; Regional Analysis; Market Dynamics: SWOT Analysis, Porter’s Five Forces Analysis, Key Indicators for Demand, Key Indicators for Price; Value Chain Analysis; Competitive Landscape; Industry Events and Developments; 2024-2032

  • Report Summary
  • Table of Contents
  • Pricing Detail
  • Request Sample

Global Palm Oil Market Size

The global palm oil market size reached a volume of approximately 78.76 MMT in 2023. The market is further expected to grow at a CAGR of 2.8% between 2024 and 2032 to reach a volume of around 100.98 MMT by 2032.

Palm oil is the leading vegetable oil in the market and is chiefly grown in tropical countries. Originating in West Africa, it is a high-quality oil procured from oil palm trees. As per the palm oil analysis report, while these oils are primarily used in foods in developing economies, they have a wide range of versatile applications. They are found in products like detergents, soaps, skin-care products, lipsticks, and ice cream, among others. In the twenty-first century, biofuel is a robustly growing application sector.

The rising demand for palm oil as a result of people's increasing awareness of its health advantages is among the key palm oil market trends. Also, the increasing use of palm oil as a substitute for petroleum-based diesel to prevent the build-up of carbon in diesel engines is providing a positive outlook for the market.

There is also an increase in the use of palm oil to improve the texture and moisturising properties of perfumes as well as a variety of skincare and beauty products, including body lotions, concealers, mascara, foundation, lipstick, and foundation. This is assisting in increasing the market share, as is the growing use of palm oil in the production of detergents, shampoos, and conditioners to enhance their foaming capabilities. Since palm oil is a more affordable alternative to other vegetable oils and is more readily available on the market, the demand for it from individuals and households in underdeveloped nations has surged, supporting a positive palm oil demand forecast.

Palm Oil Market

Read more about this report - REQUEST FREE SAMPLE COPY IN PDF

The palm oil market growth is being driven by its ease of availability, diverse applications, and lower cost compared to other vegetable oils. According to the market report, India is a significant importer of palm oil, followed by the European Union and China. Over the years, the demand for palm oil has multiplied.

India has been a leading consumer of palm oil a majority of which is consumed in food followed by other industrial uses. The market in China, another major importer, is influenced by the rising demand from sectors like food, feed, and oleochemicals. In the European Union, palm oil is increasingly used as a feedstock in biodiesel production. Meanwhile, the North America palm oil market is being driven by the increasing use of palm oil in cooking and as a feedstock for the production of biodiesel.

Palm Oil Market Segmentation

The market can be broadly categorised on the basis of its application into:

  • Food Products
  • Consumer Products

Palm Oil Market by Segments

Food products occupy a significant market share. The growing global population and the expansion of the middle class in developing countries have increased the demand for processed and packaged foods, which often contain palm oil. Palm oil is an incredibly versatile ingredient used in a wide range of food products. It's found in everything from baked goods and snacks to frying oils and margarine. Its ability to maintain stability at high temperatures and its semi-solid state at room temperature makes it a preferred choice for many food manufacturers.

It is one of the most economical cooking oils to produce as its high yield per hectare and relatively low production costs compared to other vegetable oils, like soybean or canola oil, make it an attractive option for food manufacturers looking to minimise production costs.

Palm oil contributes to the desirable texture of many processed foods and can help extend shelf life. Its oxidative stability helps prevent spoilage and rancidity in food products, which is particularly important for the shelf-stability of packaged foods.

Although the health impacts of saturated fats are debated, palm oil's saturated fat content makes it a useful alternative to trans fats, which have been largely phased out due to health concerns. Palm oil can provide a similar texture and mouthfeel to trans fats in many food products.

The report also covers the major regional markets for palm oil, which are as follows:

  • North America
  • Asia Pacific 
  • Latin America
  • Middle East and Africa

Palm Oil Market Analysis

Palm oil along with soybean oil is the major vegetable oil available in the market. Oil palm is the main oilseed crop in significant markets like Malaysia and Indonesia, which is supporting the market expansion.

The palm oil market demand is being driven by the rising population leading to an increase in the per capita consumption. With governments, globally, attempting to curb trans-fat consumption, the market has received a further upward push. Changing dietary preferences and rising demand from end-use sectors are also fuelling the market share. Their lower energy consumption during the production process and low land requirement while generating more oil per hectare make them more sustainable.

The food sector is the leading application sector for palm oil, followed by the energy sector, with extensive usage as edible oil in Southeast Asia. The biodiesel sector is witnessing growth in Southeast Asian countries, especially in crucial palm oil-producing countries like Indonesia and Malaysia, thus aiding the Malaysia market for palm oil. Palm oil is commonly used as biodiesel feedstock followed by soybean oil and rapeseed oil. It also finds uses in skin creams, soaps, and biodegradable laundry detergents.

The production of palm oil is expected to see an increase in the forecast period with the planned growth and replanting along with the utilisation of higher-yield hybrid varieties. The EU legislation requiring palm oil for biodiesel production has provided further impetus to the market.

Palm Oil Market by Region

Regional Insights

The Asia Pacific region accounts for a substantial palm oil market share. The Asia Pacific region is home to the world's largest palm oil producers, notably Indonesia and Malaysia, which together account for the majority of global palm oil production. The availability and accessibility of palm oil in these countries significantly contribute to its high demand.

The region's rapidly growing population and economic development led to increased demand for edible oils, including palm oil. As economies grow, there is a rise in consumption levels and changes in dietary patterns, often leading to greater consumption of processed and packaged foods that commonly use palm oil.

Palm oil is widely used in the food sector as a cooking oil and an ingredient in a vast array of products, from snacks and baked goods to instant noodles and confectionery. Its versatility, cost-effectiveness, and functional properties, such as oxidative stability and texture, make it a preferred choice for food manufacturers.

Beyond the food sector, there is a growing demand for palm oil in industrial applications, including biofuels (particularly biodiesel), personal care products, and cosmetics. The biofuel sector, in particular, has seen significant growth in the Asia Pacific, driven by government mandates and policies supporting biofuel usage.

Competitive Landscape

The report gives a detailed analysis of the following key players in the global palm oil market, covering their competitive landscape, capacity, and latest developments like mergers, acquisitions, and investments, expansions of capacity, and plant turnarounds:

  • Wilmar International Ltd.
  • Cargill, Incorporated
  • Bunge Limited
  • Archer Daniels Midland Company
  • PT Astra Agro Lestari Tbk
  • FGV Holdings Berhad
  • Sime Darby Plantation Berhad.
  • Kuala Lumpur Kepong Berhad
  • RGE Pte Ltd
  • Musim Mas Group
  • IOI Corporation Berhad
  • Golden Agri-Resources Ltd

The comprehensive EMR report provides an in-depth assessment of the market based on the Porter's five forces model along with giving a SWOT analysis.

Key Highlights of the Report

2023
2018-2023
2024-2032

Historical and Forecast Trends, Industry Drivers and Constraints, Historical and Forecast Market Analysis by Segment:

that are best suited to your resources and industry needs.
Delivered as an attached PDF and Excel through email, with an option of receiving an editable PPT, according to the purchase option.

Palm Oil Market Report Snapshots

Palm Oil Market Size

Palm Oil Market Analysis

Palm Oil Market Regional Analysis

Palm Oil Companies

*While we strive to always give you current and accurate information, the numbers depicted on the website are indicative and may differ from the actual numbers in the main report. At Expert Market Research, we aim to bring you the latest insights and trends in the market. Using our analyses and forecasts, stakeholders can understand the market dynamics, navigate challenges, and capitalize on opportunities to make data-driven strategic decisions.

1    Preface 2    Report Coverage – Key Segmentation and Scope 3    Report Description     3.1    Market Definition and Outlook     3.2    Properties and Applications     3.3    Market Analysis     3.4    Key Players 4    Key Assumptions 5    Executive Summary     5.1    Market Overview     5.2    Key Drivers     5.3    Key Developments     5.4    Competitive Structure     5.5    Key Industrial Trends 6    Snapshot     6.1    Global     6.2    Regional 7    Industry Opportunities and Challenges 8    Global Vegetable Oil Market Overview     8.1    Key Industry Highlights     8.2    Global Vegetable Oil Historical Market (2018-2023)      8.3    Global Vegetable Oil Market Forecast (2024-2032)’     8.4    Global Vegetable Oil Market by Region         8.4.1    North America         8.4.2    Europe         8.4.3    Asia Pacific         8.4.4    Latin America         8.4.5    Middle East & Africa 9    Global Palm Oil Market Analysis     9.1    Key Industry Highlights     9.2    Global Palm Oil Historical Market (2018-2023)      9.3    Global Palm Oil Market Forecast (2024-2032)     9.4    Global Palm Oil Market by Application         9.4.1    Food Products             9.4.1.1    Market Share             9.4.1.2    Historical Trend (2018-2023)             9.4.1.3    Forecast Trend (2024-2032)         9.4.2    Consumer Products             9.4.2.1    Market Share             9.4.2.2    Historical Trend (2018-2023)             9.4.2.3    Forecast Trend (2024-2032)         9.4.3    Energy             9.4.3.1    Market Share             9.4.3.2    Historical Trend (2018-2023)             9.4.3.3    Forecast Trend (2024-2032)     9.5    Global Palm Oil Market by Region         9.5.1    Market Share             9.5.1.1    North America             9.5.1.2    Europe             9.5.1.3    Asia Pacific             9.5.1.4    Latin America             9.5.1.5    Middle East and Africa 10    Regional Analysis     10.1    North America         10.1.1    Historical Trend (2018-2023)         10.1.2    Forecast Trend (2024-2032)         10.1.3    Market by Country             10.1.3.1    United States of America              10.1.3.2    Canada     10.2    Europe         10.2.1    Historical Trend (2018-2023)         10.2.2    Forecast Trend (2024-2032)         10.2.3    Market by Country             10.2.3.1    United Kingdom             10.2.3.2    Germany             10.2.3.3    France             10.2.3.4    Italy             10.2.3.5    Others     10.3    Asia Pacific         10.3.1    Historical Trend (2018-2023)         10.3.2    Forecast Trend (2024-2032)         10.3.3    Market by Country             10.3.3.1    China             10.3.3.2    Japan             10.3.3.3    India             10.3.3.4    ASEAN             10.3.3.5    Australia             10.3.3.6    Others     10.4    Latin America         10.4.1    Historical Trend (2018-2023)         10.4.2    Forecast Trend (2024-2032)         10.4.3    Market by Country             10.4.3.1    Brazil             10.4.3.2    Argentina             10.4.3.3    Mexico             10.4.3.4    Others     10.5    Middle East and Africa         10.5.1    Historical Trend (2018-2023)         10.5.2    Forecast Trend (2024-2032)         10.5.3    Market by Country             10.5.3.1    Saudi Arabia             10.5.3.2    United Arab Emirates             10.5.3.3    Nigeria             10.5.3.4    South Africa             10.5.3.5    Others 11    Market Dynamics     11.1    SWOT Analysis         11.1.1    Strengths         11.1.2    Weaknesses         11.1.3    Opportunities         11.1.4    Threats     11.2    Porter’s Five Forces Analysis         11.2.1    Supplier’s Power         11.2.2    Buyers Power         11.2.3    Threat of New Entrants         11.2.4    Degree of Rivalry         11.2.5    Threat of Substitutes     11.3    Key Indicators for Demand     11.4    Key Indicators for Price 12    Value Chain Analysis 13    Trade Analysis (HS Code- 2309)       13.1    Major Exporting Countries by Value & Volume     13.2    Major Importing Countries by Value & Volume 14    Price Analysis     14.1    North America Historical Price Trends (2018-2023) & Forecast (2024-2032)     14.2    Europe Historical Price Trends (2018-2023) & Forecast (2024-2032)     14.3    Asia Pacific Historical Price Trends (2018-2023) & Forecast (2024-2032)     14.4    Latin America Historical Price Trends (2018-2023) & Forecast (2024-2032)     14.5    Middle East & Africa Historical Price Trends (2018-2023) & Forecast (2024-2032) 15    Competitive Landscape     15.1    Market Structure     15.2    Company Profiles         15.2.1    Wilmar International Ltd.             15.2.1.1    Company Overview             15.2.1.2    Product Portfolio             15.2.1.3    Demographic Reach and Achievements             15.2.1.4    Certifications         15.2.2    Cargill, Incorporated             15.2.2.1    Company Overview             15.2.2.2    Product Portfolio             15.2.2.3    Demographic Reach and Achievements             15.2.2.4    Certifications         15.2.3    Bunge Limited             15.2.3.1    Company Overview             15.2.3.2    Product Portfolio             15.2.3.3    Demographic Reach and Achievements             15.2.3.4    Certifications         15.2.4    Archer Daniels Midland Company             15.2.4.1    Company Overview             15.2.4.2    Product Portfolio             15.2.4.3    Demographic Reach and Achievements             15.2.4.4    Certifications         15.2.5    PT Astra Agro Lestari Tbk             15.2.5.1    Company Overview             15.2.5.2    Product Portfolio             15.2.5.3    Demographic Reach and Achievements             15.2.5.4    Certifications         15.2.6    FGV Holdings Berhad             15.2.6.1    Company Overview             15.2.6.2    Product Portfolio             15.2.6.3    Demographic Reach and Achievements             15.2.6.4    Certifications         15.2.7    Sime Darby Plantation Berhad.             15.2.7.1    Company Overview             15.2.7.2    Product Portfolio             15.2.7.3    Demographic Reach and Achievements             15.2.7.4    Certifications         15.2.8    Kuala Lumpur Kepong Berhad             15.2.8.1    Company Overview             15.2.8.2    Product Portfolio             15.2.8.3    Demographic Reach and Achievements             15.2.8.4    Certifications         15.2.9    RGE Pte Ltd             15.2.9.1    Company Overview             15.2.9.2    Product Portfolio             15.2.9.3    Demographic Reach and Achievements             15.2.9.4    Certifications         15.2.10    Musim Mas Group             15.2.10.1    Company Overview             15.2.10.2    Product Portfolio             15.2.10.3    Demographic Reach and Achievements             15.2.10.4    Certifications         15.2.11    IOI Corporation Berhad             15.2.11.1    Company Overview             15.2.11.2    Product Portfolio             15.2.11.3    Demographic Reach and Achievements             15.2.11.4    Certifications         15.2.12    Golden Agri-Resources Ltd             15.2.12.1    Company Overview             15.2.12.2    Product Portfolio             15.2.12.3    Demographic Reach and Achievements             15.2.12.4    Certifications         15.2.13    Others 16    Industry Events and Developments

Additional Customisations Available

1    Manufacturing Process     1.1    Detailed Process Flow     1.2    Operations Involved     1.3    Mass Balance 2    Cost Analysis     2.1    Land, Location & Site Development     2.2    Construction     2.3    Plant Machinery     2.4    Cost of Raw Material     2.5    Packaging     2.6    Transportation     2.7    Utilities     2.8    Manpower     2.9    Other Capital Investment

List of Key Figures and Tables

1.    Global Vegetable Oil Market: Key Industry Highlights, 2018 and 2032 2.    Global Vegetable Oil Historical Market: Breakup by Region (Million Tons), 2018-2023 3.    Global Vegetable Oil Market Forecast: Breakup by Region (Million Tons), 2024-2032 4.    Global Palm Oil Market: Key Industry Highlights, 2018 and 2032 5.    Global Palm Oil Historical Market: Breakup by Application (Million Tons), 2018-2023 6.    Global Palm Oil Market Forecast: Breakup by Application (Million Tons), 2024-2032 7.    Global Palm Oil Historical Market: Breakup by Region (Million Tons), 2018-2023 8.    Global Palm Oil Market Forecast: Breakup by Region (Million Tons), 2024-2032 9.    North America Palm Oil Historical Market: Breakup by Country (Million Tons), 2018-2023 10.    North America Palm Oil Market Forecast: Breakup by Country (Million Tons), 2024-2032 11.    Europe Palm Oil Historical Market: Breakup by Country (Million Tons), 2018-2023 12.    Europe Palm Oil Market Forecast: Breakup by Country (Million Tons), 2024-2032 13.    Asia Pacific Palm Oil Historical Market: Breakup by Country (Million Tons), 2018-2023 14.    Asia Pacific Palm Oil Market Forecast: Breakup by Country (Million Tons), 2024-2032 15.    Latin America Palm Oil Historical Market: Breakup by Country (Million Tons), 2018-2023 16.    Latin America Palm Oil Market Forecast: Breakup by Country (Million Tons), 2024-2032 17.    Middle East and Africa Palm Oil Historical Market: Breakup by Country (Million Tons), 2018-2023 18.    Middle East and Africa Palm Oil Market Forecast: Breakup by Country (Million Tons), 2024-2032 19.    Major Importing Countries by Volume 20.    Major Exporting Countries by Volume 21.    Major Importing Countries by Value 22.    Major Exporting Countries by Value 23.    North America Historical Price Trends and Forecast 2018-2032 24.    Europe Historical Price Trends and Forecast 2018-2032 25.    Asia Pacific Historical Price Trends and Forecast 2018-2032 26.    Latin America Historical Price Trends and Forecast 2018-2032 27.    Middle East and Africa Historical Price Trends and Forecast 2018-2032 28.    Global Palm Oil Market Structure

What was the global palm oil market size in 2023?

In 2023, the global palm oil market attained a volume of almost 78.76 MMT.

What is the growth rate of the market?

In the forecast period of 2024-2032, the market is projected to grow at a CAGR of 2.8%.

What is the forecast outlook of the market for 2024-2032?

By 2032, the market is estimated to reach a volume of 100.98 MMT

What are the major market drivers?

The major drivers of the market growth include rising disposable incomes, increasing population, increasing demand from the food sector, rising health consciousness, and growing demand for biofuel.

What are the key trends in the palm oil market?

The growing shift from trans-fat to healthier alternatives and the rising adoption of biofuels in countries across the globe are the key trends in the market.

What are the major regions for the market, according to the report?

The major regions in the market are North America, Europe, the Asia Pacific, Latin America, and the Middle East and Africa.

Which application segment accounts for the largest market share?

The food sector accounts the largest market share of 71% among other application sectors.

Who are the major key players in the market, according to the report?

The key players in the market include Wilmar International Ltd., Cargill, Incorporated, Bunge Limited, Archer Daniels Midland Company, PT Astra Agro Lestari Tbk, FGV Holdings Berhad, Sime Darby Plantation Berhad., Kuala Lumpur Kepong Berhad, RGE Pte Ltd, Musim Mas Group, IOI Corporation Berhad, and Golden Agri-Resources Ltd, among others.

Purchase Options 10% off

Methodology  

Request Customisation

Request Customisation

Report Sample

Request Brochure

Request Brochure

Ask an Analyst

( USA & Canada ) +1-415-325-5166 [email protected]

( United Kingdom ) +44-702-402-5790 [email protected]

Mini Report

  • Selected Sections, One User
  • Printing Not Allowed
  • Email Delivery in PDF
  • Free Limited Customisation
  • Post Sales Analyst Support
  • 50% Discount on Next Update

Single User License

  • All Sections, One User
  • One Print Allowed

most popular

Five User License

  • All Sections, Five Users
  • Five Prints Allowed

Corporate License

  • All Sections, Unlimited Users
  • Unlimited Prints Allowed
  • Email Delivery in PDF + Excel

Any Question? Speak With An Analyst

View A Sample

Did You Miss Anything, Ask Now

Right People

We are technically excellent, strategic, practical, experienced and efficient; our analysts are hand-picked based on having the right attributes to work successfully and execute projects based on your expectations.

Right Methodology

We leverage our cutting-edge technology, our access to trusted databases, and our knowledge of the current models used in the market to deliver you research solutions that are tailored to your needs and put you ahead of the curve.

Right Price

We deliver in-depth and superior quality research in prices that are reasonable, unmatchable, and shows our understanding of your resource structure. We, additionally, offer attractive discounts on our upcoming reports.

Right Support

Our team of expert analysts are at your beck and call to deliver you optimum results that are customised to meet your precise needs within the specified timeframe and help you form a better understanding of the industry.

oil market research

Stay informed with our free industry updates.

We use cookies, just to track visits to our website, we store no personal details. Privacy Policy X

Press Release

Price Forecast

  • Search Menu

Sign in through your institution

  • Advance articles
  • Author Guidelines
  • Submission Site
  • Open Access
  • Why Submit?
  • About Public Opinion Quarterly
  • About the American Association for Public Opinion Research
  • Editorial Board
  • Advertising and Corporate Services
  • Journals Career Network
  • Self-Archiving Policy
  • Dispatch Dates
  • Journals on Oxford Academic
  • Books on Oxford Academic

Issue Cover

ANTI-SEMITIC ATTITUDES OF THE MASS PUBLIC: ESTIMATES AND EXPLANATIONS BASED ON A SURVEY OF THE MOSCOW OBLAST

  • Article contents
  • Figures & tables
  • Supplementary Data

JAMES L. GIBSON, RAYMOND M. DUCH, ANTI-SEMITIC ATTITUDES OF THE MASS PUBLIC: ESTIMATES AND EXPLANATIONS BASED ON A SURVEY OF THE MOSCOW OBLAST, Public Opinion Quarterly , Volume 56, Issue 1, SPRING 1992, Pages 1–28, https://doi.org/10.1086/269293

  • Permissions Icon Permissions

In this article we examine anti-Semitism as expressed by a sample of residents of the Moscow Oblast (Soviet Union). Based on a survey conducted in 1920, we begin by describing anti-Jewish prejudice and support for official discrimination against Jews. We discover a surprisingly low level of expressed anti-Semitism among these Soviet respondents and virtually no support for state policies that discriminate against Jews. At the same time, many of the conventional hypotheses predicting anti-Semitism are supported in the Soviet case. Anti-Semitism is concentrated among those with lower levels of education, those whose personal financial condition is deteriorating, and those who oppose further democratization of the Soviet Union. We do not take these findings as evidence that anti-Semitism is a trivial problem in the Soviet Union but, rather, suggest that efforts to combat anti-Jewish movements would likely receive considerable support from ordinary Soviet people.

American Association for Public Opinion Research members

Personal account.

  • Sign in with email/username & password
  • Get email alerts
  • Save searches
  • Purchase content
  • Activate your purchase/trial code
  • Add your ORCID iD

Institutional access

Sign in with a library card.

  • Sign in with username/password
  • Recommend to your librarian
  • Institutional account management
  • Get help with access

Access to content on Oxford Academic is often provided through institutional subscriptions and purchases. If you are a member of an institution with an active account, you may be able to access content in one of the following ways:

IP based access

Typically, access is provided across an institutional network to a range of IP addresses. This authentication occurs automatically, and it is not possible to sign out of an IP authenticated account.

Choose this option to get remote access when outside your institution. Shibboleth/Open Athens technology is used to provide single sign-on between your institution’s website and Oxford Academic.

  • Click Sign in through your institution.
  • Select your institution from the list provided, which will take you to your institution's website to sign in.
  • When on the institution site, please use the credentials provided by your institution. Do not use an Oxford Academic personal account.
  • Following successful sign in, you will be returned to Oxford Academic.

If your institution is not listed or you cannot sign in to your institution’s website, please contact your librarian or administrator.

Enter your library card number to sign in. If you cannot sign in, please contact your librarian.

Society Members

Society member access to a journal is achieved in one of the following ways:

Sign in through society site

Many societies offer single sign-on between the society website and Oxford Academic. If you see ‘Sign in through society site’ in the sign in pane within a journal:

  • Click Sign in through society site.
  • When on the society site, please use the credentials provided by that society. Do not use an Oxford Academic personal account.

If you do not have a society account or have forgotten your username or password, please contact your society.

Sign in using a personal account

Some societies use Oxford Academic personal accounts to provide access to their members. See below.

A personal account can be used to get email alerts, save searches, purchase content, and activate subscriptions.

Some societies use Oxford Academic personal accounts to provide access to their members.

Viewing your signed in accounts

Click the account icon in the top right to:

  • View your signed in personal account and access account management features.
  • View the institutional accounts that are providing access.

Signed in but can't access content

Oxford Academic is home to a wide variety of products. The institutional subscription may not cover the content that you are trying to access. If you believe you should have access to that content, please contact your librarian.

For librarians and administrators, your personal account also provides access to institutional account management. Here you will find options to view and activate subscriptions, manage institutional settings and access options, access usage statistics, and more.

Short-term Access

To purchase short-term access, please sign in to your personal account above.

Don't already have a personal account? Register

Month: Total Views:
November 2016 1
January 2017 3
March 2017 1
August 2017 2
February 2018 1
March 2018 1
August 2018 2
October 2018 1
November 2018 2
December 2018 1
June 2019 1
October 2019 1
November 2019 1
January 2020 2
February 2020 1
March 2020 2
June 2020 1
August 2020 2
October 2020 1
November 2020 1
December 2020 1
August 2021 1
November 2021 1
February 2022 1
December 2022 1
January 2023 1
April 2023 1
June 2023 2
August 2023 1
October 2023 1

Email alerts

Citing articles via.

  • Recommend to your Library

Affiliations

  • Online ISSN 1537-5331
  • Copyright © 2024 American Association for Public Opinion Research
  • About Oxford Academic
  • Publish journals with us
  • University press partners
  • What we publish
  • New features  
  • Open access
  • Rights and permissions
  • Accessibility
  • Advertising
  • Media enquiries
  • Oxford University Press
  • Oxford Languages
  • University of Oxford

Oxford University Press is a department of the University of Oxford. It furthers the University's objective of excellence in research, scholarship, and education by publishing worldwide

  • Copyright © 2024 Oxford University Press
  • Cookie settings
  • Cookie policy
  • Privacy policy
  • Legal notice

This Feature Is Available To Subscribers Only

Sign In or Create an Account

This PDF is available to Subscribers Only

For full access to this pdf, sign in to an existing account, or purchase an annual subscription.

Post comment

or continue as guest

IMAGES

  1. Oil & Gas Analytics Market in World

    oil market research

  2. Base Oil Market Trends, Overview Forecast to 2029

    oil market research

  3. Simulating a Global Oil Market With No Residual Supplier

    oil market research

  4. Base Oil Market Size

    oil market research

  5. Oil And Gas Market Research

    oil market research

  6. Oil Market Research

    oil market research

COMMENTS

  1. Oil Market Report

    The OPEC+ Joint Ministerial Monitoring Committee is meanwhile due to meet on 1 August to review global oil market conditions and production levels. Our current non-OPEC+ supply and global demand forecasts show the call on OPEC+ crude at 42.2 mb/d in 3Q24 and 41.8 mb/d in 4Q24 - roughly 800 kb/d and 400 kb/d above its June output, respectively.

  2. Oil Market Report

    The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market - including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Published January 2024.

  3. Oil Market Insight, Prices & Data

    Platts connects & explains the market price of crude oil and oil products. Discover how you can access our oil prices, news, and analysis. Explore S&P Global ... Topics Videos Podcasts Special Reports Infographics Insights Magazine Insight Blog Research & Analysis. Latest in Market Insights. PLATTS ANALYTICS PRODUCT PLATFORM ...

  4. Oil rises settles higher; US inflation data feeds rate cut hopes

    Oil prices rose for the second consecutive session on Thursday with the Brent benchmark settling above $85 a barrel as hopes rose for U.S. interest rate cuts after data showed an unexpected ...

  5. Crude Oil Market Forecasting and Analysis

    Stay abreast of short- and long-term crude oil price forecasts. Make long-term upstream investment decisions. Assess the business impact of economic, geopolitical and policy developments. Anticipate and capitalize on critical turning points in the crude oil markets. Validate internal forecasts with independent 3rd party expertise.

  6. OPEC : Monthly Oil Market Report

    Monthly Oil Market Report. The OPEC Monthly Oil Market Report (MOMR) covers major issues affecting the world oil market and provides an outlook for crude oil market developments for the coming year. The report provides a detailed analysis of key developments impacting oil market trends in world oil demand, supply as well as the oil market balance.

  7. Latest Oil Market News and Analysis for July 12

    Connecting decision makers to a dynamic network of information, people and ideas, Bloomberg quickly and accurately delivers business and financial information, news and insight around the world

  8. Oil Market Report

    The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market - including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. PublishedAugust 2022.

  9. Oil Market Report

    The IEA Oil Market Report (OMR) is one of the world's most authoritative and timely sources of data, forecasts and analysis on the global oil market - including detailed statistics and commentary on oil supply, demand, inventories, prices and refining activity, as well as oil trade for IEA and selected non-IEA countries. Published October 2021.

  10. Crude Oil Global Market Report 2024

    February 2024. Region: Global. The Business Research Company. ID: 5769502. The crude oil market size has grown strongly in recent years. It will grow from $2829.69 billion in 2023 to $2998.39 billion in 2024 at a compound annual growth rate (CAGR) of 6.0%. The expansion observed in the historical period can be ascribed to factors such as ...

  11. OIL MARKETS RESEARCH

    OIL MARKETS RESEARCH. Opec-Plus Monitor: 'Soft Landing' Plan Depends on Demand. This June issue of "Opec-Plus Monitor" is an exclusive preview for Oil Markets Research clients. This new monthly report provides an inside view of Opec-plus dynamics from Senior Research Analysts Amena Bakr and Colby Connelly and our broader oil markets team.

  12. Home

    The Oil Research Programme, established in 2009, has cemented its reputation as a leading source of academic research on oil market issues. The Programme's research group continues to produce high-quality empirical oil market research of international significance based on its core understanding of oil market dynamics and price cycles, the...

  13. OIL MARKETS DATA

    Share prices and market capitalization for key oil and gas companies traded on the Moscow Exchange, ADRs, and the Russian Trading System (RTS) index, weekly from 2007. ... Oil Markets Research. OIL MARKETS RESEARCH. Weekly Monitor: Oil Eyes US Political Shakeup. Changes in US Political Winds to Factor in 2025. Fri, Jul 12, 2024.

  14. Oil Research Programme

    The Oil Research Programme, established in 2009, has cemented its reputation as a leading source of academic research on oil market issues. The Programme's research group continues to produce high-quality empirical oil market research of international significance based on its core understanding of oil market dynamics and price cycles, the behaviour of oil market participants and strong ...

  15. Oil prices rise as inflation eases, bolstering market hopes for Fed

    The inflation and interest rate outlook is outweighing mixed oil demand signals from the IEA and OPEC.

  16. Oil & Gas Market Analysis and Trends

    Mrinal contributes to the various M&A insight reports including the Far East and Australasia quarterly reports, divestment trackers, Signifi. View Profile. FIND TRAINING COURSES. S&P Global delivers unrivaled oil and gas information including market analysis, data, software and strategic insights to the global oil and gas industry.

  17. Oil & Gas Insights

    The AI-enabled utility: Rewiring to win in the energy transition. AI and other digital technologies can help make processes faster and more efficient, incorporate more data into decision making, and lead to higher-quality outcomes internally and externally. Collection.

  18. Crude Oil Market

    Crude Oil Market reached a value of US $ 1450.01 Bn. in 2023. and expected to reach US$ 1642.88 Bn. by 2030, at a CAGR of 1.8% through out the forecast period. Crude Oil Market Overview: Crude oil is one of the most economically mature commodity markets in the world. It is an unprocessed petroleum product that forms naturally in underground pools or reservoirs and remains liquid at atmospheric ...

  19. Crude Oil Market Research

    The service provides quantitative and qualitative analysis of the changing data, dynamics, trends and structure of the crude oil markets, positioning clients to better manage risks and capture opportunities. Our crude oil research and analysis is unique and adds value because it is forward-looking and objective and often examines aspects of the ...

  20. Oil Settles 1% Lower as Mideast Ceasefire Talks Ease Supply Disruption

    Reuters. An aerial view shows tugboats helping a crude oil tanker to berth at an oil terminal, off Waidiao Island in Zhoushan, Zhejiang province, China July 18, 2022. cnsphoto via REUTERS/ File Photo

  21. Oil Market Research Reports

    The Oil market is a complex and dynamic industry that involves the production, refining, and distribution of petroleum products. It is a major source of energy for the world, and its products are used in a variety of applications, from transportation to heating and cooling. The oil market is composed of a variety of players, including oil producers, refiners, and distributors.

  22. Fitch Affirms Oil and Natural Gas Corporation at 'BBB-'; Outlook Stable

    Refining margins will moderate amid lower product cracks, while marketing margins will remain steady, supported by the decline in crude oil prices forecast by Fitch. Large Capex: We expect ONGC's capex to rise to INR644 billion by FY27, from INR519 billion in FY24. This includes annual domestic upstream capex of INR358 billion on arresting ...

  23. Rosemary Oil Market Report Overview

    Rosemary Oil Market Report Overview. The global rosemary oil market size was expected to be USD 13.21 billion in 2021 and the market is projected to touch USD 17.53 billion by 2030, exhibiting a Compound annual growth rate (CAGR) of 3.16% during the forecast period. The market's growth and demand returning to pre-pandemic levels when the ...

  24. Palm Oil Market

    The global palm oil market size reached a volume of approximately 78.76 MMT in 2023. The market is further expected to grow at a CAGR of 2.8% between 2024 and 2032 to reach a volume of around 100.98 MMT by 2032. Palm oil is the leading vegetable oil in the market and is chiefly grown in tropical countries. Originating in West Africa, it is a ...

  25. Anti-semitic Attitudes of The Mass Public: Estimates and Explanations

    We are grateful to several agencies for support for this research, including the National Science Foundation (SES-9003868), the College of Social Sciences and the Limited-Grant-in-Aid program at the University of Houston, the Dresser Foundation, the American Jewish Committee, and the USSR Academy of Sciences. ...

  26. Medvedkovo Map

    Medvedkovo is a Moscow Metro station in Severnoye Medvedkovo District, North-Eastern Administrative Okrug, Moscow. Mapcarta, the open map.

  27. Kapotnya District

    A residential and industrial region in the south-east of Mocsow. It was founded on the spot of two villages: Chagino (what is now the Moscow Oil Refinery) and Ryazantsevo (demolished in 1979). in 1960 the town was incorporated into the City of Moscow as a district. Population - 45,000 people (2002). The district is one of the most polluted residential areas in Moscow, due to the Moscow Oil ...