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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Rob Veersma
Advisor | Global Energy Community

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

Content was good.

Maria Kramer
Operational Risk Management at Statkraft