Official UK procurement notice
Ongoing Analysis and News Reporting on Oil Markets (2026-27)
Authority: Department for Energy Security & Net Zero (Central government)
Sectors: Services related to the oil and gas industry (76) Delivery: Delivery location not published
Budget not disclosedValue not published
Awarded 20 Mar 2026no call for competition
Awarded to S&P Global Energy
What is being bought
Published requirement descriptionThis contract provides concise, in depth news and analysis of global oil markets, underpinned by comprehensive daily market price data that feeds daily updates, monthly oil market fundamentals, ad hoc analysis and commentary. It tracks supply, demand, prices and trade flows, covering key drivers such as geopolitics, OPEC+ decisions, production and investment trends, and the energy transition, turning complex market developments into clear and relevant insight for decision-makers.
The lotProcurement structure
single lot · no lot value publishedProcedure terms & legal framework
From the official record- Procedure method
- Below threshold - without competition
- Legal basis
- UKPGA · 2023/54 Procurement Act 2023
- Notice status
- Awarded without competition
- Procurement threshold
- Unspecified in notice
- Regulatory regime
- Standard
- Commercial structure
- Stand-alone contract (no framework)
- Competition type
- Direct award (no call for competition)
- GPA / WTO covered
- Unspecified in notice
- Recurring procurement
- Unspecified in notice
- First published
- 2 Apr 2026, 14:08 BST
- Last source update
- 2 Apr 2026, 14:08 BST
- FTS notice number
2026/S 000-030927- Latest notice
- Contract details notice (UK7)
- Delivery area
- Not published
- Official registry OCID
ocds-h6vhtk-067be2Find a Tender
Notice history
1 event · 1 release on Find a Tender- Contract details notice published2 Apr 2026, 14:08 BSTUK7
Commercial outcome & contract awards
Published awards, contracts and bid statistics, not a forecastAwards 1
Contracts signed 1latest 20 Mar 2026
| Awarded to | Value | Date | Status |
|---|---|---|---|
| S&P Global Energy | US$111,620 † | — | Awarded |
Contracts
Contract 1 · S&P Global Energy
- Signed
- 20 Mar 2026
- Value
- US$111,620
- Period
- 20 Mar 2026 – 30 Nov 2027 · up to 30 Nov 2028 with extensions
- Status
- active
- Extensions
- If, following further market analysis of the market, it is deemed there are no other suitable suppliers.
Contracting authority & participating public bodies
Bidders & participating suppliers
1 commercial party on the notice- S&P Global EnergyAwarded supplier
Official documents & specifications (1)
Official links; attachments are not copiedNotices published for this procedure
- Contract details notice Contract details notice on Find a Tender