---
title: "Ongoing Analysis and News Reporting on Oil Markets (2022-2023)"
ocid: "ocds-b5fd17-73bcb5f0-0050-47d6-a0f0-bd3c5c5596b6"
canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-73bcb5f0-0050-47d6-a0f0-bd3c5c5596b6"
markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-73bcb5f0-0050-47d6-a0f0-bd3c5c5596b6.md"
json_url: "https://d3tenders.com/contract/ocds-b5fd17-73bcb5f0-0050-47d6-a0f0-bd3c5c5596b6.json"
source: "Contracts Finder"
current_stage: "Award"
buyer: "DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY"
published: "2023-01-10"
---

# Ongoing Analysis and News Reporting on Oil Markets (2022-2023)

Buyer: DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY  
Current stage: Award  
OCID: ocds-b5fd17-73bcb5f0-0050-47d6-a0f0-bd3c5c5596b6

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## Summary

The Department for Business, Energy & Industrial Strategy has awarded a contract for Ongoing Analysis and News Reporting on Oil Markets (2022-2023). The procurement process was initiated as a tender and has been completed. The contract is related to research and development services and consultancy services in the oil and gas industry. The contract value is £37,006.60, with a contract period running from December 6, 2022, to November 30, 2023.

This opportunity can be particularly beneficial for businesses specializing in research and development services, consultancy services, or those with expertise in the oil and gas industry. The contract is suited for SMEs and voluntary, community, and social enterprise (VCSE) organisations. Interested parties should note that the tender was open below threshold, and the deadline for tender submission was November 1, 2022. The contract has been awarded to S&P Global Commodity Insights. For more information on the awarded contract notice, visit Contracts Finder.

## Notice

Award of contract for the following services: In-depth news, insight and analysis of global oil markets. This includes comprehensive coverage of global oil supply, demand, refining and trade, with regular, high quality analysis of important market developments and otherwise topical oil market issues - among them key price drivers and key uncertainties going forward. Coverage will allow BEIS to understand, interpret and further analyse the widest possible range of unpredictable oil market issues and developments, to support HMG oil market monitoring and analysis, as well as wider policy development. Coverage include: - Monthly fundamentals data, covering crude and all primary liquids and refined products supply and demand across all major oil producers and consumers. Analysis of oil market fundamentals at both the global and country levels. - Refining market insights and outlook, including information on refinery capacities and throughputs, and refining margins. - OPEC+ compliance insights and monthly/quarterly production forecasts for next 1-2 years or longer. - Coverage of security of supply issues, including of threats of or actual physical disruption. - Insight and data on international trade flows. This includes analysis of the ongoing reorientation of trade flows in light of Western Sanctions on Russian oil. Granular information and current data on global oil pipeline architecture, capacity and international flow data. - Short-, medium- and long-term market outlook, including of oil supply, demand and price. These are grounded in data and analysis of market fundamentals and include commentary around risks and strategic production decisions from OPEC+. Fundamentals analysis includes country-level outlooks for oil supply and demand and commentary/analysis of current and future drivers of oil in the energy mix, including in different sectors.

## Key Details

| Field | Value |
| --- | --- |
| Publication source | Contracts Finder |
| Latest notice | https://www.contractsfinder.service.gov.uk/Notice/dcb4c8c8-8874-4d07-b38b-85c5f0220630 |
| Notice type | Award Notice |
| Procurement type | Standard |
| Procurement category | Services |
| Procurement method | Open |
| Procurement method details | Open procedure (below threshold) |
| Tender suitability | SME, VCSE |
| Awardee scale | Large |
| All stages | Award |

## Dates

| Field | Value |
| --- | --- |
| Publication date | 10 Jan 2023 |
| Submission deadline | 1 Nov 2022 |
| Future notice date | Not specified |
| Award date | 22 Nov 2022 |
| Contract period | 6 Dec 2022 - 30 Nov 2023 |
| Recurrence | Not specified |

## Values

| Field | Value |
| --- | --- |
| Tender value | £40,000 |
| Lots value | Not specified |
| Awards value | £37,006 |
| Contracts value | Not specified |

## Status

| Field | Value |
| --- | --- |
| Tender status | Complete |
| Lots status | Not specified |
| Awards status | Active |
| Contracts status | Not specified |

## Buyer

| Field | Value |
| --- | --- |
| Main buyer | DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY |
| Locality | LONDON |
| Post town | South West London |
| Postcode | SW1H 0ET |
| Country | England |
| ITL 1 | TLI London |
| ITL 2 | TLI3 Inner London - West |
| ITL 3 | TLI35 Westminster and City of London |
| Local authority | Westminster |
| Electoral ward | St James's |
| Westminster constituency | Cities of London and Westminster |
| Delivery location | Not specified |

## Supplier

| Field | Value |
| --- | --- |
| Number of suppliers | 1 |
| Supplier names | S&P GLOBAL COMMODITY INSIGHTS (A DIVISION OF S&P GLOBAL |

## CPV Codes

### Divisions

- 73 - Research and development services and related consultancy services
- 76 - Services related to the oil and gas industry

### Codes

- 73000000 - Research and development services and related consultancy services
- 76000000 - Services related to the oil and gas industry

## Release History

- 10 Jan 2023 at 20:40 - Award - Award Notice - https://www.contractsfinder.service.gov.uk/Notice/dcb4c8c8-8874-4d07-b38b-85c5f0220630

## Documents

- https://www.contractsfinder.service.gov.uk/Notice/dcb4c8c8-8874-4d07-b38b-85c5f0220630
  10th January 2023 - Awarded contract notice on Contracts Finder
- https://www.contractsfinder.service.gov.uk/Notice/Attachment/672bcd7c-793c-4587-be50-531ce2d919e8
  n/a

## Provenance

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