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

An Intensive 5-day Training Course

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

Financial and Physical Markets for Crude Oil and its Products

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

Scheduled Dates

Classroom

29 Apr - 03 May 2024 Dubai - UAE $5,950 RESERVE A SEAT
17 - 21 Jun 2024 Dubai - UAE $5,950 RESERVE A SEAT
02 - 06 Sep 2024 London - UK $5,950 RESERVE A SEAT
18 - 22 Nov 2024 Dubai - UAE $5,950 RESERVE A SEAT
20 - 24 Jan 2025 Dubai - UAE $5,950 RESERVE A SEAT

Online

17 - 21 Jun 2024 Online $3,950 RESERVE A SEAT
18 - 22 Nov 2024 Online $3,950 RESERVE A SEAT

Are the scheduled dates matching with your needs?

We provide a wider range of training options. Tailored and customized, we can deliver your organization’s training needs anytime, anywhere.

In-House Solutions ›

Why Choose this Training Course?

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 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 PetroKnowledge 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

What are the Goals?

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

Who is this Training Course for?

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 PetroKnowledge 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

How will this Training Course be Presented?

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

Organisational Impact

After attending this 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/organization 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

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

Daily Agenda

Day One: 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 Two:  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 Three: 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 Four: 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 Five: 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

Certificate

  • On successful completion of this Training Course / Online Training Course, a PetroKnowledge Certificate / E-Certificate will be awarded to the delegates.

In Association With

GLOMACS Training

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

The Energy Training Centre

Our collaboration with The Energy Training Centre aims to provide the best training services and benefits for our valued clients.

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Frequently Asked Questions

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 50 981 7386 | +971 2 557 7389 or send an email to reg@petroknowledge.com

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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