Finance Tools
Oil Budget Shock Calculator
Estimate how a change in oil price impacts your monthly and annual budget based on your usage volume.
Estimate how a price move in oil affects your budget, based on your monthly consumption. Enter prices per barrel and your monthly usage in either gallons or barrels.
Example: last month’s average.
Example: today’s price.
Monthly usage unit
If you track deliveries in gallons, select gallons. If you track commodity volume, select barrels.
Your typical monthly consumption.
Standard crude oil is 42 gal/barrel. Only used when your usage is in gallons.
Price change: $75.00 → $85.00 (+13.33%)
Monthly volume ≈ 7.1429 barrels
Baseline monthly cost: $535.71
New monthly cost: $607.14
Monthly impact: +$71.43
Annual impact (×12): +$857.14
This uses prices per barrel and converts your monthly usage into barrels when needed. It’s an impact estimate (not a forecast).
How to use this oil budget shock calculator
- Enter your baseline oil price and new oil price.
- Enter your usage volume (barrels per month or gallons per month).
- Choose your unit and conversion assumptions if needed.
- Review the monthly and annual budget impact.
Example
If oil rises from $75 to $85 and you use 300 gallons per month (42 gal/bbl):
- Monthly barrels ≈ 300 ÷ 42 ≈ 7.14 bbl
- Baseline monthly cost ≈ 7.14 × 75 = $535.50
- New monthly cost ≈ 7.14 × 85 = $606.90
- Monthly impact ≈ +$71.40 (annual ≈ +$856.80)
More tools in Finance Tools
- Oil Price per Barrel to Total Cost Calculator
Calculate total oil cost from price per barrel and quantity (barrels). Optionally convert to gallons and estimate cost per gallon.
- Oil Price Change Percentage Calculator
Calculate the percentage change in oil price between two values (e.g., yesterday vs today) and see the absolute difference.
- Crude Oil Price Change Percentage Calculator
Calculate the percentage change in crude oil price between two values and see the absolute difference (WTI/Brent friendly).
- Oil Price Sensitivity Calculator
Estimate how changes in oil price affect your costs or revenue using volume exposure (barrels), price change, and optional pass-through rate.