Scope

The scope of ESAI's market analysis and price forecasting is far-reaching. Moreover, it is under-pinned by a unique empirical database of oil information.

Geographic Coverage

ESAI has built and maintains a petroleum fundamentals database, which provides monthly data starting in January 1978 and extending through a 10-year forecast beyond the present. This database includes actual or estimated data collected primarily from empirical sources for over 150 countries. These countries are aggregated into eight geographic regions. ESAI uses this database in a series of proprietary analytical methodologies to develop a forward-looking view of the oil markets and oil prices by country, region and the world.

Product Category

ESAI's analyses and forecasts of the oil markets are organized geographically and by kind of petroleum. For example, ESAI analyzes and projects Latin American gasoline demand, Mediterranean sour crude supply, or Asian diesel prices. These analyses are built largely from the ESAI petroleum fundamentals database, which assesses the following products for each month and each country.

• Crude Oil
• Naphtha
• Motor Gasoline
• Jet Fuel
• Kerosene
• Diesel
• Heating Oil
• Residual Fuel Oil

Fundamentals

ESAI analysts are fundamentalists first. We believe careful analysis of supply, demand and inventories can lead us to credible assessments of the evolution of market dynamics, prices, international trade, etc. These analyses are built largely from the ESAI petroleum fundamentals database, which assesses the following products for each month and each country:

• Crude Oil
• Crude Oil Production
• Refinery Throughput
• Refinery Output by Product
• Imports
• Inventories (absolute and days of demand)
• Refining Capacity
• Refinery Construction or Expansion

Forecast Period

ESAI's energy market analyses and price outlooks range from as short-term as the next day in the case of the North American power market to as long-term as the next 40 years in the case of Caspian investment. In petroleum, ESAI routinely prepares forecasts that cover the following time horizons:

• 2-weeks
• 6 months
• 2 years
• 5 years
• 10 years