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.

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

Good illustrations

Nataly Trofimova
Head of Internal Audit at D.Trading

The in-company training services were very satisfying, amongst others, as they served the purpose of learning by debate and through exchange of thoughts.

Pieter Schuurs
Intercontinental Exchange | ICE Endex

Content was good.

Maria Kramer
Operational Risk Management at Statkraft