Markets, Trading, Pricing and Economic Framework

Course Info

Length: 1 Week

City: Kuala Lumpur

Type: In Classroom

Available Dates

  • Jan-20-2025

    Kuala Lumpur

  • Apr-21-2025

    Kuala Lumpur

  • July-21-2025

    Kuala Lumpur

  • Oct-20-2025

    Kuala Lumpur

Dates in Other Venues

  • Jan-20-2025

    Dubai

  • Jan-20-2025

    Istanbul

  • Jan-20-2025

    Paris

  • Jan-20-2025

    Singapore

  • Jan-20-2025

    Barcelona

  • Jan-20-2025

    Amsterdam

  • Feb-17-2025

    London

  • Mar-03-2025

    Dubai

  • Apr-21-2025

    Amsterdam

  • Apr-21-2025

    London

  • Apr-21-2025

    Paris

  • Apr-21-2025

    Istanbul

  • Apr-21-2025

    Singapore

  • Apr-21-2025

    Barcelona

  • May-19-2025

    Dubai

  • June-02-2025

    London

  • July-21-2025

    Barcelona

  • July-21-2025

    Istanbul

  • July-21-2025

    Amsterdam

  • July-21-2025

    Paris

  • July-21-2025

    Dubai

  • July-21-2025

    Singapore

  • Aug-18-2025

    London

  • Sep-01-2025

    Dubai

  • Oct-20-2025

    Barcelona

  • Oct-20-2025

    London

  • Oct-20-2025

    Amsterdam

  • Oct-20-2025

    Paris

  • Oct-20-2025

    Singapore

  • Oct-20-2025

    Istanbul

  • Nov-17-2025

    Dubai

  • Dec-01-2025

    London

Course Details

Course Outline

5 days course

  • Introduction to Crude oil: A Finite Resource
  • Introduction to Upstream Oil & Gas Industry
  • Oil & Gas Reserves, Production, consumption & Trade
  • The impact of the Shale industry
  • Trends in Carbon emissions and carbon trading
  • Basic Refining and refining complexity
  • Refining Economics
  • A Marker Price
  • Different strategies
  • International oil trade 
  • Anatomy of the Crude Oil Pricing System
  • Prices on the oil markets
  • Hedging – Risk Management

 

  • Introductory Concepts in Oil Trading
  • Trading on the oil markets
  • The spot markets
  • Spot crude oil prices
  • The Brent market
  • Indexing crude oil prices
  • Petroleum Products price Setting Mechanism
  • How prices are reported?
  • The physical futures markets
  • The financial futures markets
  • The historical development of the petroleum exchanges
  • Futures contracts
  • Pricing structures: Backwardation and Contango
  • The limitations of the futures markets
  • Derivative Products: Swaps and Options
  • The definition of an option
  • The cost of an option
  • The definition of a swap
  • The historical development of the petroleum exchanges
  • USA / UK / Singapore

Course Video