I am trying to solve a monte carlo simulation predicting oil price supply and demand balance using excel and a set of assumptions.

I have no idea how to do this.

Any hints and tips on working with different tpyes of data (i.e. % decline, $bn, $) would be greatly appreciated.

Also how to turn this data into a supply demand curve and monte carlo normal distribution for supply and demand in years to come.

Many thanks,
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