Individual courses are not for sale, so acquire access to the Course package: Oil of which this course is a sub-set.

Learning Platform

Course: Oil Pricing

About the online training programme

This e-Learning consist of a combination of text, audio, animation-style video lessons and engagement about oil pricing. Therefore, it covers price driving factors, the forward curve and price-indexation

Course Contents

This course covers the following video lessons:

  • The oil price
    • Price economics
    • Demand & utility vs. Supply & cost
    • Marginal utility vs. marginal cost
    • Fixed costs vs. floating costs
  • Price driving factors
    • Demography & economy
    • Reserves & production
    • Technology & economic viability
    • Consumption & processing
    • Storage & storage capacity
    • Transport & transport capacity
    • Social factors & politics
    • Quality
    • FX rates & Inflation
    • Correlation & Diversification
    • Substitution
    • Environmental issues
    • Seasonality + Weather
  • The oil forward curve
    • Definition
    • Contango & backwardation
    • The storage model
    • Arbitrage
    • Convenience
  • Price-indexation
    • Maintaining benchmarks
    • Cross-commodity
    • Commodity indeices
    • Price reporting agencies
    • Princing panels

This course also includes examination and certification.

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The ENTRIMA Learning Platforms are also accessible on mobile devices. To do this, download the aNewSpring education app and open your ENTRIMA environment in it. This way you have access to the lessons and knowledge of the Learning Platforms anytime and anywhere.

ENTRIMA has trained numerous professionals and certified thousands of learners, and counting

Really well structured and easy to follow content that is varied in delivery in order to keep the reader engaged. Looking forward to seeing more from the ENTRIMA in the future!

Erika Rabadia
Manager Trading Surveillance | Shell

It is very informative and well described. The subtitles help.

Mohammed Abi Afthab Olikathodi
Analyst Energy Data & Scenarios at Eurelectric

ENTRIMA’s Learning Platform provides access to a rich variety of courses which is really valuable for a life-long learner. You can access the content anytime and very easily, using your time wisely to study and grow.

Onest-Dan Gheorghisor
Sr. Expert Energy Trading & Risk Management B2B & B2C Sales OVM Petrom