Learning Platform - "Markets & Trading"

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.

Image of the ENTRIMA app on a smartphone

24/7 Learning & Consultation

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

The online learning services are based on a comprehensive curriculum with a wide variety of theoretical basics combined with a profound business knowledge. The courses provide an in-depth understanding of business relevant processes.

Mario Claeys
CMEXS + Supervisory Board at European Commodity Clearing

What I like about the course is the information provided and the way it is provided. I find that the length of the videos is right, as it is not too long to watch. Also, thanks to that, when a video is not very clear to me, I watch it again, since I know that they are of short duration. Excellent material.

Ivan Fernando Jara Villalon
Commercial Analyst at Uniper

ENTRIMA’s courses are very suitable for our employees; good quality content is what we look for.

Rob Veersma
Advisor | Global Energy Community