Global Crude Oil Market 2018 with ExxonMobil, Royal Dutch Shell, Total, CNPC, and BP Dominating -

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The "Global Crude Oil - Procurement Market Intelligence Report" report has been added to's offering.

The global crude oil market is growing due to an increase in consumption of primarily crude oil products such as gasoline and diesel. This is mainly due to high economic growth in countries such as India, China, and the US leading to an increase in sales of vehicles in these countries. Moreover, the switch to alternative fuels such as natural gas and biofuels from crude oil by buyers due to growing concerns regarding pollution caused by burning of crude oil products is resulting in a minimal growth in the overall demand for crude oil.

Further, the report states that major a challenge experienced by the buyers is the high cost of lighter and sweeter crude oil.

The report provides actionable insights to improve source-to-contract cycle performance in the Global Crude Oil Market. It helps sourcing professionals formulate better category strategies, enhance savings, understand supplier and market challenges, and implement sourcing best practices.

The report provides up-to-date information about market shifts and potential risks, as well as in-depth knowledge of products and services, which can help in planning and in executing category management activities. It focuses on the cost-saving aspects of procurement and on providing insights that can lead to optimization of category spend.

Key Suppliers

  • ExxonMobil
  • Royal Dutch Shell
  • Total
  • CNPC
  • BP

Key Topics Covered

Part 1: Category at a Glance

Part 2: Scope of the Report

Part 3: Market Insights

Part 4: Supply Market Insights

Part 5: Pricing Insights

Part 6: Procurement Insights

Part 7: Top Five Suppliers

For more information about this report visit

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Published By:

Business Wire: 16:30 GMT Monday 16th April 2018

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