
Global Oil and Gas Market Summary, Competitive Analysis and Forecast to 2027
Description
Global Oil and Gas Market Summary, Competitive Analysis and Forecast to 2027
Summary
Global Oil & Gas industry profile provides top-line qualitative and quantitative summary information including: market size (value 2017-22, and forecast to 2027). The profile also contains descriptions of the leading players including key financial metrics and analysis of competitive pressures within the market.
Key Highlights
- The oil and gas market volume is defined as the total consumption (barrels of oil equivalent) of refined petroleum products and natural gas by end-users in each country. The value of the oil segment reflects the total volume of refined petroleum products, including refinery consumption and losses, multiplied by the hub price of crude oil. The value of the gas segment is calculated as the total volume of natural gas consumed multiplied by the price of natural gas (Henry Hub spot price). The values represent the total revenues available to exploration and production companies from sales of crude oil and natural gas. All market data and forecasts are represented in nominal terms (i.e., without adjustment for inflation) and all currency conversions used in the creation of this report have been calculated using constant 2022 annual average exchange rates.
- The global oil & gas market had total revenues of $7,170.4 billion in 2022, representing a compound annual growth rate (CAGR) of 8.4% between 2017 and 2022.
- Market consumption volume increased with a CAGR of 0.9% between 2017 and 2022, reaching a total of 50.4 billion BoE in 2022.
- The oil and gas market has massively fluctuated in recent years amid the increased volatility of oil and gas prices. For instance, according to the World Bank, the average price of Brent, WTI, and Dubai crude oils stood at $82.46 per barrel in April 2023, up from $76.47 per barrel in the previous month.
- Save time carrying out entry-level research by identifying the size, growth, major segments, and leading players in the oil & gas market in the global
- Use the Five Forces analysis to determine the competitive intensity and therefore attractiveness of the globaloil & gas market
- Leading company profiles reveal details of key oil & gas market players’ global operations and financial performance
- Add weight to presentations and pitches by understanding the future growth prospects of the Global oil & gas market with five year forecasts
- What was the size of the Global oil & gas market by value in 2022?
- What will be the size of the Global oil & gas market in 2027?
- What factors are affecting the strength of competition in the Global oil & gas market?
- How has the market performed over the last five years?
- What are the main segments that make up the global's oil & gas market?
Table of Contents
53 Pages
- 1 Executive Summary
- 1.1. Market value
- 1.2. Market value forecast
- 1.3. Market volume
- 1.4. Market volume forecast
- 1.5. Category segmentation
- 1.6. Geography segmentation
- 1.7. Market rivalry
- 1.8. Competitive landscape
- 2 Market Overview
- 2.1. Market definition
- 2.2. Market analysis
- 3 Market Data
- 3.1. Market value
- 3.2. Market volume
- 4 Market Segmentation
- 4.1. Category segmentation
- 4.2. Geography segmentation
- 5 Market Outlook
- 5.1. Market value forecast
- 5.2. Market volume forecast
- 6 Five Forces Analysis
- 6.1. Summary
- 6.2. Buyer power
- 6.3. Supplier power
- 6.4. New entrants
- 6.5. Threat of substitutes
- 6.6. Degree of rivalry
- 7 Competitive Landscape
- 7.1. Who are the leading players?
- 7.2. What strategies do the leading players follow?
- 7.3. What are the strengths of the leading player?
- 7.4. What has been the rationale behind recent M&A activity?
- 8 Company Profiles
- 8.1. Exxon Mobil Corporation
- 8.2. Shell plc.
- 8.3. PetroChina Company Limited
- 8.4. BP Plc
- 9 Macroeconomic Indicators
- 9.1. Country data
- 10 Appendix
- 10.1. Methodology
- 10.2. Industry associations
- 10.3. Related MarketLine research
- 10.4. About MarketLine
- List of Tables
- Table 1: Global oil & gas market value: $ billion, 2017-22
- Table 2: Global oil & gas market volume: million BoE, 2017-22
- Table 3: Global oil & gas market category segmentation: % share, by value, 2017-2022
- Table 4: Global oil & gas market category segmentation: $ billion, 2017-2022
- Table 5: Global oil & gas market geography segmentation: $ billion, 2022
- Table 6: Global oil & gas market value forecast: $ billion, 2022-27
- Table 7: Global oil & gas market volume forecast: million BoE, 2022-27
- Table 8: Exxon Mobil Corporation: key facts
- Table 9: Exxon Mobil Corporation: Annual Financial Ratios
- Table 10: Exxon Mobil Corporation: Key Employees
- Table 11: Exxon Mobil Corporation: Key Employees Continued
- Table 12: Shell plc.: key facts
- Table 13: Shell plc.: Annual Financial Ratios
- Table 14: Shell plc.: Key Employees
- Table 15: PetroChina Company Limited: key facts
- Table 16: PetroChina Company Limited: Annual Financial Ratios
- Table 17: PetroChina Company Limited: Key Employees
- Table 18: BP Plc: key facts
- Table 19: BP Plc: Annual Financial Ratios
- Table 20: BP Plc: Key Employees
- Table 21: BP Plc: Key Employees Continued
- Table 22: Global exchange rate, 2018-22
- List of Figures
- Figure 1: Global oil & gas market value: $ billion, 2017-22
- Figure 2: Global oil & gas market volume: million BoE, 2017-22
- Figure 3: Global oil & gas market category segmentation: $ billion, 2017-2022
- Figure 4: Global oil & gas market geography segmentation: % share, by value, 2022
- Figure 5: Global oil & gas market value forecast: $ billion, 2022-27
- Figure 6: Global oil & gas market volume forecast: million BoE, 2022-27
- Figure 7: Forces driving competition in the global oil & gas market, 2022
- Figure 8: Drivers of buyer power in the global oil & gas market, 2022
- Figure 9: Drivers of supplier power in the global oil & gas market, 2022
- Figure 10: Factors influencing the likelihood of new entrants in the global oil & gas market, 2022
- Figure 11: Factors influencing the threat of substitutes in the global oil & gas market, 2022
- Figure 12: Drivers of degree of rivalry in the global oil & gas market, 2022
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