Oil & Gas : Markets Trading Pricing & Economic Framework

BY
Udemy

Obtain a thorough understanding of the guiding principles and pricing strategies used in crude oil and petroleum product trading and pricing.

Mode

Online

Fees

₹ 1799

Quick Facts

particular details
Medium of instructions English
Mode of learning Self study
Mode of Delivery Video and Text Based

Course overview

Trading in oil and gas includes all business dealings involving the purchase and distribution of oils and gases, as well as a variety of petroleum products.  The possibility to trade oil at a later time is provided through several contracts. Udemy is offering the Oil & Gas: Markets Trading Pricing & Economic Framework certification course, developed by WR Training, an educational portal that offers courses in petrochemical, and chemical engineering.

Oil & Gas: Markets Trading Pricing & Economic Framework online classes contain 2 hours of digital study materials that may be downloaded, giving students a thorough understanding of the physical and financial markets for crude oil and petroleum products. Oil & Gas: Markets Trading Pricing & Economic Framework online course is designed for all workers in the petroleum industry or other related fields who want to gain a better understanding of the trading of crude oil and petroleum products as well as pricing mechanisms in the financial oil market for oil and gas trading.

The highlights

  • Certificate of completion
  • Self-paced course
  • 2 hours of pre-recorded video content
  • 1 downloadable resource

Program offerings

  • Online course
  • Learning resources
  • 30-day money-back guarantee
  • Unlimited access
  • Accessible on mobile devices and tv

Course and certificate fees

Fees information
₹ 1,799
certificate availability

Yes

certificate providing authority

Udemy

What you will learn

Knowledge of engineering

After completing the Oil & Gas: Markets Trading Pricing & Economic Framework online certification, learners will obtain a comprehensive understanding of the principles of oil and gas management and will master the concepts involved with oil and gas markets trading activities. Learners will explore the many financial oil markets, including the Brent and Spot markets, and they will gain knowledge of the strategies used in oil trading. Learners will study various types of contracts, and transactions, related to various petroleum products and crude oil along with the factor which decides their prices. Learners will also study hedging techniques and will master the concepts involved with financial derivates like swaps and options under set standards by ICE and NYMEX.

The syllabus

About The Course

  • Introduction

Crude Oil : A Unique Raw Material

  • Introduction
  • A marker price
  • Different strategies

International Oil Trade

  • Introduction
  • The 1970s : Long term contracts
  • The 1980s : The development of spot markets
  • The netback contracts
  • The 1990s : The development of financial markets

Prices On The Oil Markets

  • Introduction
  • The different types of agreements
  • Crude oil price setting mechanism
  • Product price setting mechanism

Trading On The Oil Markets

  • Barter agreements
  • Single cargo sales
  • Long term contracts

The Spot Markets

  • Definition
  • Spot markets in the world
  • Operators on the spot markets
  • The balance between crude oil and product prices

Spot Crude Oil Prices

  • Spot transactions
  • The Brent market
  • The Brent crude oil
  • Price transparency
  • Indexing crude oil prices : The adjustment factor
  • Indexing crude oil prices : Reference indices
  • Indexing crude oil prices : The price timing
  • The limitation of the system

Petroleum Products Price Setting Mechanism

  • Example #1 : The Rotterdam products market
  • How prices are reported

The Physical Futures Markets

  • The forward market
  • The principle of cover
  • Speculation
  • The players on the forward markets
  • Dated Brent and 15 Day Brent
  • The limitations of the forward markets

The Financial Futures Markets

  • The historical development of the petroleum exchanges
  • Futures contracts
  • How the markets work : Generalities
  • How the markets work : The clearing house
  • How the markets work : The deposit
  • How the markets work : The margin call
  • The participants
  • Pricing structures : Backwardation and Contango
  • The limitations of the futures markets

Derivative Products : Swaps And Options

  • The definition of an option
  • Example of the use of an option : Call option
  • Example of the use of an option : Put option
  • The cost of an option
  • The definition of a swap
  • Example of the use of a swap

Course Conclusion

  • Course conclusion
  • Bonus : Coupon Codes

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