Surcharge on oil

Calculation of oil surcharge

 
DateIndex 10015.03.201915.04.201915.05.2019
Oil price Brent Europe6866,1170,9073,09
USD6,206,606,596,67
One barrel in DKK421,60436,33467,23487,51
Index DKK100103,49110,82115,63
Surcharge Transport + Pack. items%0,702,163,13
Surcharge bulk AB%0,521,622,35
Surcharge bulk delv.
sand incl. silo transport
%0,591,842,66
Due fromApril 2019May 2019 June 2019


If the price of oil exceeds index 100 a surcharge on oil will automatically be added. This means that if the price of oil goes up to more than DKK 421.60 per barrel a surcharge on oil charge is prompted.

Readings of the USD exchange rate and the Brent Europe oil price are taken every month on the 15th on the website below. If the 15th is not a weekday, the reading is taken on the first weekday before the 15th. This forms the basis for the oil surcharge the following month.

Link to the price of oil here.
Link to exchange rates here.

Calculation of surcharge / Transport and packaged items: Approximately 20% of our sales price is oil related, e.g. if the price of oil goes up 10% the surcharge on oil goes up 2%.

Calculation of extra charge / Dry Bulk: Approximately 15% of our sales price is oil related, e.g. if the price of oil goes up 10% the surcharge on oil goes up 1.5%.