Global oil demand is expected to grow by 680–700 thousand barrels per day in 2026 according to IEA projections. This deck reviews the 2026 market outlook and the structure of the industry across upstream, midstream, downstream, and services and equipment.
It examines five challenges in depth: demand and price volatility, logistics and transport disruptions (port outages, security incidents, tanker availability), parts and MRO shortages, asset reliability and downtime, and regulatory and emissions tracking. The SAP section covers Integrated Business Planning with SAP ERP Cloud for faster replanning, Logistics Business Network for multi-party visibility, and Asset Performance Management for AI-powered predictive maintenance.
Customer stories from Aker BP and S-OIL lead into a four-stage implementation playbook — from baselining business impact and quick-win IBP pilots to migrating finance and procurement to SAP ERP Cloud and rolling out predictive maintenance and carbon accounting — and key considerations on macro sensitivity and data quality.
The full deck is available above as a PDF. For a shorter edition see the "Oil and Gas Industry Outlook 2026: Executive Brief" in the Resource Library.