Independent oil industry intelligence

See the whole
oil market.

Connect the market to the barrel. Explore how pricing, freight, refining and inventory shape the decisions behind global oil supply.

Open the Decision Lab Explore the supply chain

Fictional oil tanker alongside a marine terminal with storage tanks and refinery structures in warm evening light

01Delivered cost
Benchmark to receiving terminal 02Supply resilience
Stock, inflow and disruption 03Product value
Feedstock to refining margin

The physical oil system

Every barrel connects a chain of decisions.

Start with the whole lifecycle, then explore the assumption that changes your decision.

01PriceBenchmark and differential 02MoveRoute, freight and timing 03StoreUsable stock and reserve 04RefineYield and product value 05DeliverThe receiving market

Decision Lab

Put the economics in context.

Use fictional scenarios, change the assumptions and download a record for your next discussion.

Cargo Cost Comparator

Compare two delivered cargo scenarios on the same benchmark and barrel volume.

Compare cargo costs

Inventory Stress Test

See how an assumed supply interruption changes usable stock and reserve cover.

Test supply resilience

Refinery Margin Lab

Explore how a fictional product mix and processing costs shape gross contribution.

Explore refining margins

Industry intelligence

What the strategy signals.

Read official disclosures alongside a practical question. Research reviewed on 7 November 2026.

SUPPLY OPTIONALITY
3 NOV 2026

When routes become part of the inventory decision.

Aramco’s latest results discuss alternative export routes and overseas storage. Our inventory exercise turns an assumed supply reduction into a visible stock trajectory.

Aramco · Third-quarter results, 3 November 2026

Test an interruption

TRADING AND DELIVERY
REVIEWED 7 NOV 2026

A cargo decision crosses several teams.

Shell connects trading, maritime activity and distribution in its customer offer. Our cargo comparison keeps delivery costs and timing in one reviewable record.

Shell · Trading and Supply

Compare cargo costs

DEMAND SCENARIOS
9 FEB 2026

A forecast needs a named set of assumptions.

Vitol publishes its own long-term oil-demand outlook. Explore the stated outlook at its source, then use a separate fictional product-price sensitivity in our margin lab.