Market Dashboard
Key commodity prices driving Orcadian's asset valuations
Static data · Updated Mar 2026
Brent Crude
$73.2 $/bbl
▼ 0.85 (-1.1%) 24h
R3 primary driver
30 days
UK NBP Gas
134 p/therm
▲ 4.50 (+3.5%) 24h
R4 gas-to-wire input
30 days
EU Carbon (ETS)
€65.8 €/tonne
▲ 0.45 (+0.7%) 24h
R4 CCS revenue driver
30 days
UK Baseload Power
£91.5 £/MWh
▲ 3.20 (+3.6%) 24h
R4 revenue driver
30 days
Impact Calculator — Oil Price Sensitivity
If Brent moves to:
$85
$50 current: $73.2 $120
R3 Fair Value Changes To
$29.91
+5.24 (21.2%)
Portfolio NAV Impact
+$104,798
on 20,000 R3 tokens
Oil Price Context
- ▸ OPEC+ production cuts extended
- ▸ China demand recovery uncertain
- ▸ US shale production resilient
- ▸ R3 breakeven: ~$58/bbl
UK Power Context
- ▸ Baseload prices stabilising post-crisis
- ▸ Wind intermittency drives volatility
- ▸ Gas-to-wire provides baseload premium
- ▸ R4 breakeven: ~£62/MWh
Carbon Market Context
- ▸ UK ETS decoupled from EU ETS
- ▸ Price floor mechanism proposed
- ▸ CCS credits increasingly valued
- ▸ 500kt/yr = ~£33m CCS revenue at €66/t
Price Sensitivity Matrix
| Price Driver | R3 Impact | R4 Impact | R5 Impact | Sensitivity |
|---|---|---|---|---|
| Oil price +$10/bbl | +18% | — | +8% | HIGH |
| UK power +£20/MWh | — | +25% | — | HIGH |
| Carbon credit +€20/t | — | +15% | — | MEDIUM |
| GBP strengthens 5% | -3% | -5% | -3% | LOW |
| EPL removed | +30% | +100% | +30% | CRITICAL |
Static data · Updated Mar 2026 · Open Scenario Engine →