Global Oil Market
one-day | Pathways Level: Foundational
£550 (overnight accommodation is not included in this price.)
courses booked more than 2 months in advance attract an *early bird discount.
Dates & Locations:

There is no fixed date for this course at the moment. When would be convenient for you?.

Global Oil Market

What's in this course?

What makes the price of oil? Is it supply costs, capacity constraints, Opec revenue needs or market pressures? This essential briefing shows how oil market fundamentals interact with investment, trading and politics to shape the price of oil. Participants will gain a comprehensive understanding of the structure and operation of the global oil market and learn about how oil is traded by playing the Oil Trading Game.

Course details

You are free to raise questions and instigate discussion on what the course content means for you and your company, both during the sessions and in the course overview at the end of the day.

The characteristics of oil:

A complex commodity | The role of Opec | Oil price behaviour | Many forms of oil | Measurement and units | The oil supply chain

Upstream - geology and politics:

Different types of oil reserves | Finding and developing oil fields | Sources and economics of supply | The shale revolution

Midstream - Transport and Refining

Processes and operations | Refinery economics | Crude oil valuation

Downstream - market structure & competition:

Oil and the economy | Main uses for oil | Changing demand barrel | Substitution and competition | Environmental policies and taxation

Global supply, demand and inventories:

The oil price cycles | Matching supply to demand | Patterns of inventory behaviour

What makes the price of oil?:

Market structure and trading | Role of fundamentals | Oil supply costs | Capacity constraints | Opec's balancing act | Where next for oil prices?

Questions, discussion and close:

Your chance to apply the knowledge to your job and raise relevant queries.

This course is normally presented by:

Margaret Chadwick David Long
we reserve the right to change presenters at any time.

“A one-day foundational level course looking at what makes the price of oil”

Who is this course for?

This course is ideal as an introduction to the oil market and oil price drivers for:
new staff in existing oil companies | new market entrants | Gas, electricity and other industries affected by oil prices | lawyers, consultants, and officials with an interest in the energy market |

What's the cost?

Come to 'Our Place' and attend a public course for £550 per day plus VAT. If you book two months or more in advance you will automatically receive an 'early bird' discount. If you are attending with a colleague or two then let us know and we may reduce the price further! Public courses are available in London, Oxford and Aberdeen and the price includes all course materials, refreshments and lunch. Want a different date or location? Then let us know.

In-house options

This course is available in-house at 'Your Place' and with 7 delegates or more becomes much cheaper than sending your staff on a public course. We can also tailor our courses to suit your exact requirements. Why not talk to us or click the button above for a free no obligation quotation and see how we can help meet your training requirements?

Games and Exercises

We run games and exercises on all our courses to assist with the learning experience. These games are relevent to the main topic of each course and simulate 'real life' scenarios.

More information about these games can be found in the games section.