Energy and Power

Crude Oil Market

Global Industry Analysis and Forecast 2023-2030

Pages : 120

Base Year : 2022

Release Year : May 2024

Format : Pdf Ppt Xls

Report ID: KR 385

Author : Saket A.

Base Year

2022

Forecast Year

2023-2030

Historical Years

2018-2021

Market Value (2022)

USD 2.98 Trillion

Forecasted Value (2030)

USD 3.53 Trillion

CAGR (2023-2030)

2.15%

Fastest Growing Region (2023 - 2030)

Asia Pacific

Largest Region

North America

By Type

Light Oils, Heavy Oils

By Source

Onshore, Offshore

By End-Use

Energy, Transportation, Industrial

By Refining Process

Upstream, Midstream, Downstream


TABLE OF CONTENT

1 INTRODUCTION OF THE GLOBAL CRUDE OIL MARKET 
1.1 Market Definition
1.2 Market Segmentation
1.3 Research Timelines
1.4 Limitations
1.5 Assumptions

2 EXECUTIVE SUMMARY

3 RESEARCH METHODOLOGY
3.1 Data Collection
3.1.1 Secondary Sources
3.1.2 Primary Sources
3.1.3 Research Flow
3.2 Subject Matter Expert Advice
3.3 Quality Check
3.4 Final Review
3.5 Bottom-Up Approach
3.6 Top-down Approach

4 GLOBAL CRUDE OIL MARKET OUTLOOK
4.1 Market Evolution
4.2 Overview
4.3 Market Dynamics
4.3.1 Drivers
4.3.2 Restraints
4.3.3 Opportunities
4.3.4 Challenges
4.4 Pricing Analysis
4.5 Porter’s Five Forces Analysis
4.6 Value Chain Analysis
4.7 Macroeconomic Analysis

5 IMPACT OF RUSSIA-UKRAINE WAR

6 GLOBAL CRUDE OIL MARKET, BY TYPE
6.1 Overview
6.2 Light Oils
6.3 Heavy Oils

7 GLOBAL CRUDE OIL MARKET, BY SOURCE
7.1 Overview
7.2 Onshore
7.3 Offshore

8 GLOBAL CRUDE OIL MARKET, BY END-USE
8.1 Overview
8.2 Energy
8.3 Transportation
8.4 Industrial

9 GLOBAL CRUDE OIL MARKET, BY REFINING PROCESS
9.1 Overview
9.2 Upstream
9.3 Midstream
9.4 Downstream

10 GLOBAL CRUDE OIL MARKET, BY GEOGRAPHY
10.1 Overview

11 NORTH AMERICA 
11.1 U.S.
11.2 Canada
11.3 Mexico

12 EUROPE 
12.1 Germany
12.2 U.K.
12.3 France
12.4 Italy
12.5 Spain
12.6 Russia
12.7 Rest of Europe

13 ASIA-PACIFIC 
13.1 China
13.2 Japan
13.3 India
13.4 South Korea
13.5 Rest of Asia-Pacific

14 MIDDLE EAST & AFRICA 
14.1 GCC
14.2 South Africa
14.3 North Africa
14.4 Rest of Middle East & Africa

15 LATIN AMERICA 
15.1 Brazil
15.2 Argentina
15.3 Rest of South America

16 GLOBAL CRUDE OIL MARKET COMPETITIVE LANDSCAPE
16.1 Overview
16.2 Key Developments
16.3 Key Strategic Developments
16.4 Company Market Ranking
16.5 Regional Footprint
16.6 Industry Footprint

17 COMPANY PROFILES
17.1 Saudi Arabian Oil Co.
17.1.1 Key Facts
17.1.2 Financial Overview
17.1.3 Product Benchmarking
17.1.4 Recent Developments
17.1.5 Winning Imperatives
17.1.6 Current Focus & Strategies
17.1.7 Threat from competition
17.1.8 SWOT Analysis
17.2 Exxon Mobil Corporation
17.2.1 Key Facts
17.2.2 Financial Overview
17.2.3 Product Benchmarking
17.2.4 Recent Developments
17.2.5 Winning Imperatives
17.2.6 Current Focus & Strategies
17.2.7 Threat from competition
17.2.8 SWOT Analysis
17.3 Shell International B.V.
17.3.1 Key Facts
17.3.2 Financial Overview
17.3.3 Product Benchmarking
17.3.4 Recent Developments
17.3.5 Winning Imperatives
17.3.6 Current Focus & Strategies
17.3.7 Threat from competition
17.3.8 SWOT Analysis
17.4 Chevron Corporation
17.4.1 Key Facts
17.4.2 Financial Overview
17.4.3 Product Benchmarking
17.4.4 Recent Developments
17.4.5 Winning Imperatives
17.4.6 Current Focus & Strategies
17.4.7 Threat from competition
17.4.8 SWOT Analysis
17.5 bp p.l.c.
17.5.1 Key Facts
17.5.2 Financial Overview
17.5.3 Product Benchmarking
17.5.4 Recent Developments
17.5.5 Winning Imperatives
17.5.6 Current Focus & Strategies
17.5.7 Threat from competition
17.5.8 SWOT Analysis
17.6 KUWAIT PETROLEUM CORPORATION
17.6.1 Key Facts
17.6.2 Financial Overview
17.6.3 Product Benchmarking
17.6.4 Recent Developments
17.7 TotalEnergies
17.7.1 Key Facts
17.7.2 Financial Overview
17.7.3 Product Benchmarking
17.7.4 Recent Developments
17.8 ADNOC
17.8.1 Key Facts
17.8.2 Financial Overview
17.8.3 Product Benchmarking
17.8.4 Recent Developments
17.9 Eni
17.9.1 Key Facts
17.9.2 Financial Overview
17.9.3 Product Benchmarking
17.9.4 Recent Developments
17.10 PetroChina Company Limited
17.10.1 Key Facts
17.10.2 Financial Overview
17.10.3 Product Benchmarking
17.10.4 Recent Developments

List of Tables

TABLE 1 Global Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 2 Global Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 3 Global Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 4 Global Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 5 Global Crude Oil Market Revenue, By Geography, 2020 – 2030 (USD Million)
TABLE 6 North America Crude Oil Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 7 North America Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 8 North America Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 9 North America Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 10 North America Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 11 US Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 12 US Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 13 US Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 14 US Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 15 Canada Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 16 Canada Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 17 Canada Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 18 Canada Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 19 Mexico Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 20 Mexico Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 21 Mexico Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 22 Mexico Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 23 Europe Crude Oil Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 24 Europe Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 25 Europe Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 26 Europe Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 27 Europe Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 28 Germany Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 29 Germany Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 30 Germany Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 31 Germany Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 32 France Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 33 France Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 34 France Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 35 France Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 36 U.K. Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 37 U.K. Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 38 U.K. Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 39 U.K. Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 40 Spain Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 41 Spain Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 42 Spain Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 43 Spain Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 44 Italy Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 45 Italy Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 46 Italy Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 47 Italy Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 48 Russia Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 49 Russia Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 50 Russia Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 51 Russia Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 52 Rest of Europe Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 53 Rest of Europe Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 54 Rest of Europe Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 55 Rest of Europe Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 56 Asia-Pacific Crude Oil Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 57 Asia-Pacific Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 58 Asia-Pacific Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 59 Asia-Pacific Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 60 Asia-Pacific Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 61 China Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 62 China Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 63 China Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 64 China Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 65 Japan Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 66 Japan Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 67 Japan Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 68 Japan Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 69 India Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 70 India Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 71 India Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 72 India Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 73 South Korea Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 74 South Korea Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 75 South Korea Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 76 South Korea Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 77 Rest of Asia-Pacific Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 78 Rest of Asia-Pacific Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 79 Rest of Asia-Pacific Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 80 Rest of Asia-Pacific Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 81 Middle East and Africa Crude Oil Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 82 Middle East and Africa Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 83 Middle East and Africa Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 84 Middle East and Africa Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 85 Middle East and Africa Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 86 GCC Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 87 GCC Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 88 GCC Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 89 GCC Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 90 North Africa Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 91 North Africa Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 92 North Africa Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 93 North Africa Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 94 South Africa Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 95 South Africa Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 96 South Africa Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 97 South Africa Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 98 Rest of Middle East & Africa Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 99 Rest of Middle East & Africa Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 100 Rest of Middle East & Africa Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 101 Rest of Middle East & Africa Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 102 Latin America Crude Oil Market Revenue, By Country, 2020 – 2030 (USD Million)
TABLE 103 Latin America Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 104 Latin America Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 105 Latin America Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 106 Latin America Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 107 Brazil Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 108 Brazil Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 109 Brazil Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 110 Brazil Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 111 Argentina Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 112 Argentina Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 113 Argentina Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 114 Argentina Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 115 Rest of Latin America Crude Oil Market Revenue, By Type, 2020 – 2030 (USD Million)
TABLE 116 Rest of Latin America Crude Oil Market Revenue, By Source, 2020 – 2030 (USD Million)
TABLE 117 Rest of Latin America Crude Oil Market Revenue, By End-Use, 2020 – 2030 (USD Million)
TABLE 118 Rest of Latin America Crude Oil Market Revenue, By Refining Process, 2020 – 2030 (USD Million)
TABLE 119 Company Market Ranking
TABLE 120 Regional Footprint
TABLE 121 Type Benchmarking
TABLE 122 Recent Developments
TABLE 123 Winning Imperatives

List of Figures

FIG. 1 Market Segmentation
FIG. 2 Research Timeline
FIG. 3 Global Crude Oil Market 2020-2030 (USD Million)
FIG. 4 Global Crude Oil Market Geographical Analysis (CAGR %)
FIG. 5 Global Crude Oil Absolute Market Opportunity (USD Million)
FIG. 6 Global Crude Oil Market Attractiveness (USD Million)
FIG. 7 Global Crude Oil Market, By Type, 2020-2030 (USD Million)
FIG. 8 Global Crude Oil Market, By Source, 2020-2030 (USD Million)
FIG. 9 Global Crude Oil Market, By End-Use, 2020-2030 (USD Million)
FIG. 10 Global Crude Oil Market, By Refining Process, 2020-2030 (USD Million)
FIG. 11 Research Methodology
FIG. 12 Research Process
FIG. 13 Bottom-Up Approach
FIG. 14 Top-Bottom Approach
FIG. 15 Market Dynamics Overview
FIG. 16 Porter's Five Forces Analysis
FIG. 17 Value Chain Analysis
FIG. 18 Macroeconomic Analysis
FIG. 19 Global Crude Oil Market Revenue Share, By Type, 2020 and 2030 (%)
FIG. 20 Global Crude Oil Market Revenue Share, By Source, 2020 and 2030 (%)
FIG. 21 Global Crude Oil Market Revenue Share, By End-Use, 2020 and 2030 (%)
FIG. 22 Global Crude Oil Market Revenue Share, By Refining Process, 2020 and 2030 (%)
FIG. 23 Global Crude Oil Market Revenue Share, By Geographic Regions, 2020 and 2030 (%)
FIG. 24 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 25 North America Crude Oil Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 26 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 27 Europe Crude Oil Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 28 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 29 Asia-Pacific Crude Oil Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 30 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 31 Middle East & Africa Crude Oil Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 32 Market Size and Projections, 2020 - 2030 (USD Million)
FIG. 33 Latin America Crude Oil Market Overview Share, By Countries, 2020 – 2030 (%)
FIG. 34 Key Strategic Development
FIG. 35 Key Facts
FIG. 36 Financial Overview
FIG. 37 SWOT Analysis.

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  • Check Icon Additional Countries
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  • Check Icon Regional Market Dynamics
  • Check Icon Country-Level Trend Analysis
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  • Check Icon Extended Forecast Years
  • Check Icon Historical Data Up to 5 Years
Frequently Asked Questions (FAQ's)
The global market is projected to reach USD 3.53 trillion by 2030, growing at a CAGR of 2.15% from 2023 to 2030.
The global market was valued at USD 2.98 trillion in 2022.
The major driving factor for the market growth is dependency of industrial and transportation sector on oils.
Top manufacturers of Crude Oil market are Saudi Arabian Oil Co., Exxon Mobil Corporation, Shell International B.V., Chevron Corporation, bp p.l.c., KUWAIT PETROLEUM CORPORATION, TotalEnergies, ADNOC, Eni, PetroChina Company Limited, and others.
Asia-Pacific is the fastest growing region in the forecasted period (2023-2030).
By end-use, transportation will hold the maximum share in the crude oil market in 2030.
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