PRICE SCENARIO WORKBENCH
Put your assumptions to work.
Explore the relationship between benchmark prices, delivery costs and volume. All prefilled values are illustrative assumptions, not current market prices.
02 / SEE THE EFFECT
- Brent minus WTI / USD per barrel
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- Base landed cost / USD per barrel
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- Base budget / local currency units
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- Scenario budget / local currency units
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- Budget change / local currency units
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The calculation is open.
Landed USD/barrel = selected benchmark + grade differential + freight.
Base local budget = landed USD/barrel × volume × local units per USD.
Scenario local budget = [benchmark × (1 + change % ÷ 100) + differential + freight] × volume × FX.
Spread = Brent assumption − WTI assumption.
The price change applies only to the selected benchmark. Differential, freight, volume and FX stay fixed. Results exclude taxes, insurance, financing, storage, losses, hedging and contract timing. A negative calculated landed cost is rejected. These simplified scenarios do not provide a trade recommendation.