--- title: "Ongoing Analysis and News Reporting on Oil Markets" ocid: "ocds-b5fd17-c6263356-7023-469b-8947-9e48c61de5cf" canonical_url: "https://d3tenders.com/contract/?ocid=ocds-b5fd17-c6263356-7023-469b-8947-9e48c61de5cf" markdown_url: "https://d3tenders.com/contract/ocds-b5fd17-c6263356-7023-469b-8947-9e48c61de5cf.md" json_url: "https://d3tenders.com/contract/ocds-b5fd17-c6263356-7023-469b-8947-9e48c61de5cf.json" source: "Contracts Finder" current_stage: "Tender" buyer: "DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY" published: "2022-10-31" --- # Ongoing Analysis and News Reporting on Oil Markets Buyer: DEPARTMENT FOR BUSINESS, ENERGY & INDUSTRIAL STRATEGY Current stage: Tender OCID: ocds-b5fd17-c6263356-7023-469b-8947-9e48c61de5cf [View canonical contract page](https://d3tenders.com/contract/?ocid=ocds-b5fd17-c6263356-7023-469b-8947-9e48c61de5cf) [Download OCDS JSON](https://d3tenders.com/contract/ocds-b5fd17-c6263356-7023-469b-8947-9e48c61de5cf.json) ## Summary The Department for Business, Energy & Industrial Strategy has issued a tender titled "Ongoing Analysis and News Reporting on Oil Markets." This service procurement, classified under research and development services and related consultancy services, aims to provide comprehensive analysis of global oil markets and access to oil market experts. The contract, with a value of £40,000, will be effective from 11th November 2022 to 10th October 2023. The tender deadline is 4th November 2022, and the delivery addresses include various countries such as the United Kingdom and Europe. This open procedure tender presents an opportunity for businesses well-versed in the oil and gas industry to provide valuable insights to support the UK Government's oil market monitoring and policy development. This procurement process offers opportunities for Small and Medium-sized Enterprises (SMEs) and Voluntary, Community, and Social Enterprises (VCSEs) to engage. Businesses specializing in services related to the oil and gas industry are well-suited to compete for this tender. The Department for Business, Energy & Industrial Strategy seeks services focused on oil market analysis, providing monthly fundamentals data, refining market insights, OPEC+ compliance forecasts, security of supply analysis, trade flow insights, and market outlooks. The tender requires detailed coverage and analysis of various aspects of the global oil market, making it ideal for businesses with expertise in research and development services within the energy sector. ## Notice This opportunity is for the appointment of Services to provide Ongoing Analysis and News Reporting on Oil Markets (2022-2023). This will be a 12 month contract effective from 11th November 2022. Tender documents can be accessed on the BEIS Jaggaer portal. https://beisgroup.ukp.app.jaggaer.com/esop/guest/go/opportunity/detail?opportunityId=55049 Requirement: In-depth news, insight and analysis of global oil markets. This must include 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 must be broad enough to 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. Access to analysts/experts. BEIS requires direct access to analysts and/or other oil market experts on an ad hoc basis, including via timely face-to-face presentations on key publications and bespoke topics if necessary. Access to archived news, data, analytical reports, visualisations, and other material. These should be easily searchable to allow for ad hoc research. Necessary coverage: Areas of particular interest and focus are constantly changing, but current (essential) requirements 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 is desirable. - Short-, medium- and long-term market outlook, including of oil supply, demand and price. These should be grounded in data and analysis of market fundamentals and include commentary around risks and strategic production decisions from OPEC+. Fundamentals analysis should ideally include 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/84320444-b4e5-4a71-bf45-887d6ee33780 | | Notice type | Tender Notice | | Procurement type | Standard | | Procurement category | Services | | Procurement method | Open | | Procurement method details | Open procedure (below threshold) | | Tender suitability | SME, VCSE | | Awardee scale | Not specified | | All stages | Tender | ## Dates | Field | Value | | --- | --- | | Publication date | 31 Oct 2022 | | Submission deadline | 4 Nov 2022 | | Future notice date | Not specified | | Award date | Not specified | | Contract period | 11 Nov 2022 - 10 Oct 2023 | | Recurrence | Not specified | ## Values | Field | Value | | --- | --- | | Tender value | £40,000 | | Lots value | Not specified | | Awards value | Not specified | | Contracts value | Not specified | ## Status | Field | Value | | --- | --- | | Tender status | Active | | Lots status | Not specified | | Awards status | Not specified | | 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 | ## 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 - 31 Oct 2022 at 12:22 - Tender - Tender Notice - https://www.contractsfinder.service.gov.uk/Notice/84320444-b4e5-4a71-bf45-887d6ee33780 ## Documents - https://www.contractsfinder.service.gov.uk/Notice/84320444-b4e5-4a71-bf45-887d6ee33780 31st October 2022 - Opportunity notice on Contracts Finder ## Notice URLs - https://beisgroup.ukp.app.jaggaer.com/esop/guest/go/opportunity/detail?opportunityId=55049 ## Provenance This Markdown file is an alternate public rendering of the D3 Tenders contract record. The canonical page is https://d3tenders.com/contract/?ocid=ocds-b5fd17-c6263356-7023-469b-8947-9e48c61de5cf. The underlying structured data is available as OCDS JSON at https://d3tenders.com/contract/ocds-b5fd17-c6263356-7023-469b-8947-9e48c61de5cf.json.