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

An Interactive 5-Day Training Course

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

Financial and Physical Markets for Crude Oil and Its Products

NASBA
Classroom Schedule
Date Venue Fees
24 - 28 Nov 2025 Dubai $ 5,950
29 Dec - 02 Jan 2026 London $ 5,950
19 - 23 Jan 2026 Dubai $ 5,950
27 Apr - 01 May 2026 Dubai $ 5,950
22 - 26 Jun 2026 Dubai $ 5,950
07 - 11 Sep 2026 Abu Dhabi $ 5,950
07 - 11 Sep 2026 London $ 5,950
23 - 27 Nov 2026 Dubai $ 5,950
28 Dec - 01 Jan 2027 London $ 5,950
Online Schedule
Date Venue Fees
24 - 28 Nov 2025 Online $ 3,950
22 - 26 Jun 2026 Online $ 3,950
23 - 27 Nov 2026 Online $ 3,950

Introduction

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 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 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

Objectives

At the end of this Oil and Gas: Markets, Trading, Pricing, and Economic Framework 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

Training Methodology

Participants to this training course will receive a thorough understanding on the subjects covered by the course outline with the tutor utilising a variety of proven adult learning teaching and facilitation techniques. Training methodology includes PowerPoint presentations short videos, case studies as well as active discussions.

Organisational Impact

After attending this Oil and Gas: Markets, Trading, Pricing, and Economic Framework 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 and 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

Personal Impact

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

Who should Attend?

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 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
Course Outline
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
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates. Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

KHDA
NASBA

In Association With

Frequently Asked Question:

GLOMACS offers both online andperson training options. You can choose from interactive virtual sessions or attend one of our globally locatedperson training courses. The flexibility ensures that learning fits your schedule and preferences.
Yes, GLOMACS provides customized training solutions tailored to meet the specific needs of organizations. We work closely with companies to design bespoke training courses that address their unique challenges and objectives.
Our courses are structured to provide a balanced mix of theory and practical application. They typically include presentations, case studies, group discussions,on activities, and interactive Q&A sessions to maximize learning outcomes.
For detailed information about specific courses, including course content, schedules, and instructors, you can visit our website or contact our customer service team. They will be happy to provide all the information you need to make an informed decision.
You can register for a GLOMACS training course by visiting our website, selecting the course of your choice, and following the simple registration process. You can also contact our support team for assistance with the registration process.
Attending a GLOMACS training course offers numerous benefits, including enhanced professional skills, increased employability,recognized certification, networking opportunities with peers and experts, and the chance to apply practical knowledge directly to your workplace.
GLOMACS is a globally recognized leader in professional training and development, with a reputation for deliveringquality,driven training courses. We offer a broad spectrum of training courses taught by expert trainers, flexible delivery options (both online andperson), and accredited certifications that add real value to your career.

Yes, upon successful completion of any of our training courses, GLOMACS Certificate will be awarded to the delegates. This certificate is a valuable addition to your professional portfolio and is recognized across various industries.

Options & Brochure
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