An Interactive 5-Day Training Course
Oil and Gas: Markets, Trading, Pricing and Economic Framework
Financial and Physical Markets for Crude Oil and Its Products
Course Overview
The fossil fuel industry has a pivotal role in driving the global economy. Crude oil and the petroleum products derived from it plays an integral part in the economic activity of all nations. Crude oil and petroleum products are among the world's most important energy resources. Petroleum itself is used for numerous products, including petrochemicals, medicines, cosmetics, and thousands of other products used daily, serving as the world's primary fuel source.
This Oil and Gas: Markets, Trading, Pricing, and Economic Framework training course is designed to provide you with a complete understanding of the financial and physical markets for crude oil and petroleum products. The economic framework of the oil industry is studied in detail with a particular reference to the economic slowdown caused by pandemics. In addition, as the oil industry faces related challenges, the shale industry’s impact and new regulations in curbing carbon emissions will be examined in the oil-producing and consuming nations.
This Saudi GLOMACS Oil and Gas: Markets, Trading, Pricing, and Economic Framework training course will highlight the following:
- Crude & Petroleum Products Physical Trading
- Market Price Strategies
- Concepts in Oil Trading
- Petroleum Products Price Setting Mechanism
- Exchanges & futures Trading
- Derivative Products Swaps and Options
Training Outline
DAY 1: Introduction to Crude Oil: A Finite Resource
- The Fundamentals of the Energy Industry
- Oil & Gas Exploration, Drilling, Production, Distribution, and Trade
- The Conventional and Non-Convention Oil & Gas
- The GHG Emissions and the Potential Solutions
- The Downstream Oil & Gas and its Future Trends
- The Economics of Downstream Oil & Gas
DAY 2: A Marker Price
- The Price of Oil and its Evolution
- Global Business of Energy
- The International Energy Pricing System
- Benchmarks, Markers for Oil & Gas
- Hedging – Risk Management
DAY 3: Introductory Concepts in Oil Trading
- Trading on the Oil and Gas Markets
- The Prompt and Long-Term Markets
- Prompt Price Structure
- The Most widely Used Benchmark
- The Standardization of Crude Oil Prices
DAY 4: Petroleum Products Price Setting Mechanism
- The Price Reporting Agencies and their Roles – Platts, Argus, and etc…
- The Physical Oil Markets
- The Financial Derivatives of the Oil Market
- The Evolution of Commodities Exchanges
- The Financial Derivatives of Products
- Pricing Structures of Oil & Gas
- The Pros and Cons of the Futures Markets
DAY 5: Derivative Products: Swaps and Options
- The Options Contract
- The Two Types of Options Traded
- The Swap Contract
- The historical development of the petroleum exchanges
- The Global Market of Oil & Gas: USA, UK, Dubai, and Singapore
Certificates
- On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates
- Continuing Professional Education credits (CPE) : In accordance with the standards of the National Registry of CPE Sponsor, one CPE credit is granted per 50 minutes of attendance
Accreditation
GLOMACS is registered with NASBA as a sponsor of Continuing Professional Education (CPE) on the National Registry of CPE Sponsors. NASBA have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: www.learningmarket.org.
All Training Seminars delivered by GLOMACS by default are eligible for CPE Credit.
Providers and Associations
About Saudi Glomacs
At Saudi GLOMACS, we specialize in delivering world-class training courses in Saudi Arabia and across various international locations. Our training courses are tailored to meet the unique demands of Saudi Vision 2030 and the Human Capability Development Program, focusing on empowering Saudi citizens and enhancing workforce skills. We offer diverse courses spanning leadership, management, engineering, and technical disciplines to cultivate expertise and drive professional growth. Our flexible learning options—whether in-person, online, or in-house—ensure accessibility and convenience for individuals and organizations alike.
With over 30+ years of experience through the GLOMACS global network, we are committed to delivering innovative, results-driven training solutions. Our expert instructors combine industry knowledge with dynamic teaching methods, fostering practical skill development and long-term career success. By choosing Saudi GLOMACS, you're investing in personal excellence and contributing to the Kingdom’s sustainable economic growth and vision-driven transformation.
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