Course description
Crude Oil Evaluation Economics & Pricing (Public & Virtual)
This 3-day course is designed to provide an overview of crude oil characteristics, its value in different refining configuration and pricing assessment in global oil markets. The course will offer attendees an effective and practical knowledge of how different crude oil grades are worth to different refiners and how they are commercially valued and traded. The course will cover all important benchmarks crudes and other key grades which are openly traded in global markets. The focus will be mainly on Brent crude covering physical, futures and forward markets including hedging and risk management. The course will also touch on key elements of marketing, supply and trading including marine transportation and freight economics. The course material covers production, separation, storage, processing, evaluation, pricing, competitive analysis, sales, supply, trading and contract negotiations.
Upcoming start dates
Suitability - Who should attend?
Technical and non-technical professionals from oil & gas industry and business and financial institutions who wish to understand in a simple and jargon-free language the physical aspects of crude oil and refined products supply via marine transportation. Those who want to gain commercial insight of shipping industry and knowing how freight costs and voyage economics are calculated for making commercial decisions in oil supply and trading.
- Oil and Gas Engineers
- Planning Engineers/Managers
- Oil Marketing Managers / Traders
- New Entrants to Shipping or Petroleum industry
- Business / Commercial Analysts
- Banking and Government Officials
- Finance and Accounting Analysts
Outcome / Qualification etc.
- Overview of crude oil production
- Crude oil types and characteristics
- Understanding significance of light/heavyand sweet/sour crude
- Crude oil evaluation and assessment methods Crude oil pricing and competitive analysis
- Role of Brent market and other benchmarks
- Physical, Futures and Forward markets
- Crude oil sales, supply/trading and contract negotiations
Course delivery details
All London Petro Academy courses are available face to face classroom style as well as virtually.
They are also available In-House and can be tailored to your company's specific requirements.
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London Petro Academy Limited
Worldwide Leading Oil & Gas & Renewable Energy Training Provider headquartered in London, we have been operating all over the world providing world-class training courses for oil and gas and renewable energy professionals. London Petro Academy covers the entire Oil...