ESAI Energy, and Energy Security Analysis, Inc. before it, has forecast crude oil prices for 30 years. Most recently, ESAI Energy’s forecasts appear in the monthly Global Crude Oil Outlook, which provides 12 month projections except in April and October when the projections extend to 24 months and in July when they extend to five years. In the first quarter of each year, ESAI Energy publishes a 25-year outlook on the global oil markets.
ESAI Energy’s crude oil methodology depends not only on its very detailed petroleum product and refining market analyses, but also on its crude oil production by quality database. The database divides production in each country into 16 categories of quality and projects those categories for 25 years into the future.
With detailed refining and crude production databases, ESAI Energy conducts a wide range of crude trade flow and crude valuation projects for its customers.