Global Oil Markets Outlook 2017: Gasoline Demand Driven by Emerging Markets – Research and Markets

DUBLIN–(BUSINESS WIRE)–The "Global
Oil Markets Outlook, 2017" report has been added to Research
and Markets' offering.

With the current drop in crude oil prices, major suppliers of crude oil
are looking to diversify their oil and gas portfolios to include
refinery products and petrochemicals. Some older refineries in Europe
have also temporarily become profitable to operate. Further, the success
of Shale Gas and Oil has created self-sufficiency in the US and is
pushing it toward increased exports. All these have resulted in major
changes in the trade flow of many refinery products across the globe.

Demand, driven by Asian countries, and implementation of regulations
related to sulphur and other pollutants, especially in the developed
economies, is further expected to change the global oil and gas
landscape. This study critically examines all the factors that are
expected to shape the global market for oil products till 2030 and
forecasts the changes the market is expected to witness.

Key Topics Covered:

1. Scope & Limitations

2. Macroeconomic Trends

3. Global Crude Oil Market

4. Oil Products Outlook

• Petroleum products are expected to grow in demand except for fuel oil,
  which is under regulatory scrutiny
• Gasoline demand growth is to be driven by emerging markets while
  developed economies move toward fuel efficient / electric vehicles
• As energy efficient vehicles become the norm in the US and the EU,
  these regions are expected to have gasoline surpluses
• N. America and Middle East will dominate gasoline exports targeting
  Latin America and Asia, respectively
• Diesel demand growth is expected to be driven by Asia, especially
  India & China, and is linked to growth in their industrial sectors
• Shale boom contributes to North America's production increase while
  Europe faces capacity constraints
• North America and Middle East are likely to dominate diesel exports
  with Europe being the key target market
• Penetration of low cost air carriers in emerging markets and growth in
  the Chinese airlines market likely to power jet fuel demand
• Stagnating demand for jet fuel in North America is expected to bring
  excess capacity which may be taken up by growing markets
• Middle East and China, with ambitious plans for their aviation
  sectors, set to be the target for Other Asian countries and Europe
• Environmental and regulatory concerns will likely lead to fuel oil
  demand drop in all markets except Africa and Middle East
• Though there is an expected demand drop for fuel oil, Asia is expected
  to face a large deficit
• Even with an overall demand decline, fuel oil trade is expected to be
  robust as demand exists in pockets across regions
• Asia is expected to be a major consumer of LPG driven by demand for
  residential fuel and chemical feedstock
• Middle East will continue to be a major producer of LPG with an
  estimated 50% as surplus
• Exporters are likely to see increased competition due to excess supply
  and lack of alternatives
• Naphtha demand is expected to rise but renaissance of gas-based
  petrochemical production causes challenges
• Middle East emerges as a key market for naphtha, in the long term,
  driven by increasing demand for petrochemical products
• Shale gas boom is expected to change the dynamics of naphtha trade
  pitting it against LPG

5. Key Takeaways

6. Annexure: Our Services

For more information about this report visit https://www.researchandmarkets.com/research/zd3st6/global_oil

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Topics: Oil