Oil and Gas:
Markets, Trading, Pricing and
Economic Framework

The fossil fuel industry has a pivotal role in driving the global economy. Crude oil and the petroleum products derived from it plays an integral part in the economic activity of all nations. Crude oil and petroleum products are among the world's most important energy resources. Petroleum itself is used for numerous products, including petrochemicals, medicines, cosmetics, and thousands of other products used daily, serving as the world's primary fuel source.

This Oil and Gas: Markets, Trading, Pricing, and Economic Framework online training course is designed to provide you with a complete understanding of the financial and physical markets for crude oil and petroleum products. The economic framework of the oil industry is studied in detail with a particular reference to the economic slowdown caused by pandemics. In addition, as the oil industry faces related challenges, the shale industry’s impact and new regulations in curbing carbon emissions will be examined in the oil-producing and consuming nations.

This GLOMACS Oil and Gas: Markets, Trading, Pricing, and Economic Framework online training course will highlight the following:

• Crude & Petroleum Products Physical Trading
• Market Price Strategies
• Concepts in Oil Trading
• Petroleum Products Price Setting Mechanism
• Exchanges & futures Trading
• Derivative Products Swaps and Options

At the end of this Oil and Gas: Markets, Trading, Pricing, and Economic Framework online training course, you will be able to:

• Review the different oil trading markets by type of transaction
• Review the various types of contracts: long-term, spot, and forward
• Understand how crude oil and petroleum products are traded
• Comprehend hedging techniques available for protection against fluctuations in prices
• Understand the pricing mechanism of crude oil and petroleum products
• Understand the principle of financial derivatives products like Swaps and Options

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

After attending this Oil and Gas: Markets, Trading, Pricing, and Economic Framework online training course, the organization’s employees will be better able to analyze and assess the crude oil and petroleum product markets and how the physical and financial markets are organized. Crude oil and its derivative product trading and pricing will be studied extensively.

The employer/organisation will gain the following:

• Understand the principle of financial the physical futures markets
• Summarize the operation of the physical and financial oil markets
• The impact of the Shale industry
• Trends in carbon emissions and carbon trading
• Crude Oil and petroleum product trading
• Petroleum products price setting mechanisms

Participants will be able to develop a deep knowledge with practical solid application in the following:

• Different strategies international oil trade
• Trading on the oil markets
• The spot markets
• Basic refining economics
• Petroleum products price setting mechanism
• Derivative products, swaps, and options

It is geared towards all personnel in the petroleum or associated industries needing to improve their knowledge and understanding of crude oil and petroleum product, trading, and pricing mechanisms.

This GLOMACS Oil and Gas: Markets, Trading, Pricing, and Economic Framework online training course is suitable to a wide range of professionals, but will greatly benefit:

• All Personnel in the petroleum or associated industries needing to improve their knowledge and understanding of crude oil and petroleum products trading, and pricing mechanisms
• Petroleum Economists
• Oil and Gas Business Students
• Energy industry Journalists and Reporters
• Businessmen and Financiers
• Traders & Brokers

DAY 1

Introduction to Crude Oil: A Finite Resource

• The Fundamentals of the Energy Industry
• Oil & Gas Exploration, Drilling, Production, Distribution, and Trade  
• The Conventional and Non-Convention Oil & Gas
• The GHG Emissions and the Potential Solutions 
• The Downstream Oil & Gas and its Future Trends
• The Economics of Downstream Oil & Gas

DAY 2

A Marker Price

• The Price of Oil and its Evolution
• Global Business of Energy
• The International Energy Pricing System
• Benchmarks, Markers for Oil & Gas
• Hedging – Risk Management

DAY 3

Introductory Concepts in Oil Trading

• Trading on the Oil and Gas Markets
• The Prompt and Long-Term Markets
• Prompt Price Structure
• The Most widely Used Benchmark
• The Standardization of Crude Oil Prices

DAY 4

Petroleum Products Price Setting Mechanism

• The Price Reporting Agencies and their Roles – Platts, Argus, and etc…
• The Physical Oil Markets
• The Financial Derivatives of the Oil Market
• The Evolution of Commodities Exchanges
• The Financial Derivatives of Products
• Pricing Structures of Oil & Gas
• The Pros and Cons of the Futures Markets

DAY 5

Derivative Products: Swaps and Options

• The Options Contract
• The Two Types of Options Traded
• The Swap Contract
• The historical development of the petroleum exchanges
• The Global Market of Oil & Gas: USA, UK, Dubai, and Singapore

In Association With

PetroKnowledge

Our collaboration with Petroknowledge aims to provide the best training services and benefits for our valued clients

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All rights reserved. Any unauthorized copying, distribution, use, dissemination, downloading, storing (in any medium), transmission, reproduction or reliance in whole or any part of this course outline is prohibited and will constitute an infringement of copyright.

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Tel : +971 - 04 - 425 0700, Fax : +971 (04) 425 0701, Email : info@glomacs.com