Oil and gas companies know that price volatility is the norm. Significant fluctuations in oil prices vividly highlight the value of nimble, reliable risk management and scenario analysis. Given the complexities that affect the direction and pace of commodity price changes – from economic impacts on industrial supply and demand to weather variations altering storage injection and withdrawal patterns – a risk manager must maintain a constant state of adjustment. In-depth analysis of net exposures and simulations of future shifts are a daily reality in this fast-paced market.