WORLD OIL CENTER

Decision Lab / fictional examples

Cargo Cost Comparator

Put two fictional routes on the same benchmark and volume, then include transport, delay and the cost of time.

Scenario inputs

Route A
Route B

Use fictional values. Currency values are in US dollars. Inputs are processed in your browser.

Your scenario

Run the example to see the result and its assumptions.

Model boundary

Assumes all barrels arrive, all costs are financed for the whole voyage plus delay, and simple interest on a 365-day year. It excludes losses, taxes, hedging, quality conversion and terminal constraints. Purchase price must be zero or positive.

See formulas and limitations