Know the benchmark
Physical assessments and futures prices tell different stories. Start with the distinction.
Compare Brent & WTI →
GLOBAL CRUDE OIL · INDEPENDENT PERSPECTIVE
Understand the price.
See the bigger picture.
From Brent and WTI to the forces behind them. Explore the benchmarks, follow the evidence and put your own price assumptions to work.
Research & planning concept · No live market feed
Understand the drivers
Read clear, source-led guides to supply, demand, inventories and market structure.
Explore the research →Model the impact
Change a benchmark, differential, freight or FX assumption and see the budget effect.
Build a price scenario →THE MARKET, IN CONTEXT
A price is only the beginning.
The grade, location and delivery period all matter. Bring the context into view before comparing two numbers.
Read the benchmark guide →RESEARCH DESK
What sits behind the barrel?
Supply, demand and the inventory signal
A starting framework for understanding the market balance.
Source: EIA →Read the guide →Physical Brent is not a futures quote
Why methodology, timing and delivery terms change the comparison.
Source: S&P Global Energy →Read the guide →From dollars per barrel to a budget
Make your assumptions explicit with the browser-based calculator.
Transparent formulas · Your own inputs
Try the calculator →YOUR ASSUMPTIONS. A CLEARER VIEW.
What does a $5 move
mean for your volume?
Explore landed cost, currency conversion and price sensitivity. Keep the calculations and export your scenario.
Open the scenario workbench →ILLUSTRATIVE EXAMPLE · USD
10,000barrels
$5.00benchmark movement per barrel
$50,000change in benchmark cost before other factors
BUILDING A BETTER MARKET PERSPECTIVE
Explore the platform opportunity.
A useful foundation for research, education and future licensed data services.