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
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
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.
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 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
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
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
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
We offer two main training formats to cater to different preferences and needs:
- Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
- Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.
The Energy Training Centre Certificate of Completion with corresponding learning hours who has successfully completed the training course.
Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.
We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at info@energytraining.ae.
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 inhouse@energytraining.ae to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.
We have multiple international training venues. You may find this through our website link: https://energytraining.ae/training-locations
Our training courses are held at our partnered hotels within the city included within our training
Yes, here are the following options we can offer to assist you:
- Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
- Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.
Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.
No, we do not provide job placement services after the training course. However, we are confident that our training course equips you with the necessary tools and knowledge to enhance you career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.
- Tuition fee for a 5-day training course
- Provision of a world-class subject matter expert to deliver this training
- Meeting at a hotel venue corresponding to your chosen session
- Welcome food and drinks, AM / PM snack, and Lunch
- Digital course materials (e-Tablet)
- Course completion certificates
- Designing and administration of Pre-& Post Course Assessments
- Preparation of participant’s Performance and Appraisal Report, if required
- Issuance of Letter of Invitation for delegates needed visa processing, if required
- Tuition fee for a 5-day online training course
- Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
- An electronic copy of the training manual and relevant hand-outs
- Issuance of The Energy Training Centre e-Certificate of Completion
- Administration of Pre-& Post Workshop Assessments
- Link access of online platform acceptable to both parties
Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to info@energytraining.ae. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.
Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at info@energytraining.ae
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 receipt of your registration details sent via email at reg@energytraining.ae, we will send you the following by e-mail within 24-48 hours of registration.
- Joining Instructions
- Invoice/receipt (where appropriate)
If you register online, you will receive an e-mail on the same day confirming your registration.
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 info@energytraining.ae. Our team will guide you through the registration process and provide assistance you may need.
Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.
Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.
Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at info@energytraining.ae. Alternatively, you may call/WhatsApp us at +971 50 746 0956.
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 suggested 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 programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.
We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.
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, Energy Training Centre is an ILM Recognised Provider (ID# 002398B), authorized to register learners and offer training courses recognized by ILM. Participants seeking ILM Recognised Certification would need to complete an assessment post the ILM Recognised courses. ILM is a renowned provider of leadership and management qualifications, part of the City and Guilds Group. Additionally, our company is a CPD Certified Training Company, ensuring our commitment to continuous professional development standards.
