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5-Day Training Course

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

Financial and Physical Markets for Crude Oil and Its Products

Course Overview

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 Energy Training Centre course will highlight:

  • 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

Course 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.

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 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 Curriculum

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

Certificate of Completion

After successfully completing this training course, participants will be awarded The Energy Training Centre Certificate of Completion — a respected validation of their dedication to continuous learning and professional excellence. This certificate signifies that participants have gained the essential knowledge and skills required to make a measurable impact in their field.

Upcoming Sessions
Dubai, UAE
Live Virtual Session
London, UK
Dubai, UAE
Live Virtual Session
Dubai, UAE
Dubai, UAE
Live Virtual Session
Live Virtual Session
London, UK
Abu Dhabi, UAE
Dubai, UAE
Live Virtual Session
London, UK

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Frequently Asked Questions

Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.
  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.
  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

About Energy Training Centre

Energy Training Centre is a leading provider of professional development programs for the energy and public sectors. With over 15 years of experience, we have trained more than 50,000 professionals across the Middle East and beyond.

Our expert-led courses are designed to meet the evolving needs of modern organizations, combining theoretical knowledge with practical applications that deliver immediate value to your career and organization.

50K+
Professionals Trained
15+
Years of Experience
About Energy Training Centre

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