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Oil Market Pricing Interrelationships

If you are in the oil industry or even thinking about being in this dynamic industry you need to register for this course to understand and grasp all of the tools needed to survive. Many factors are driving the price of oil to its current levels, including the value of equities and direction of the major currency markets. But it all comes down to the myriad of the various non-oil and oil inter-market relationships that continue to impact the sentiment of the trading and hedging sectors and ultimately the price of oil.

This two-day course will introduce you to all of the important interrelationships, from the various macro and micro fundamentals to the intricacies of the various financial and economic indicators. The course approaches the price and direction of oil from many perspectives…supply, demand, inventories, value of the US dollar, global equities, as well as various economic indicators.

Full Course Description
  • All about the economics of oil trading.
  • Macroeconomics of worldwide energy complex. What is driving oil prices?
  • The impact on price from the supply side.
  • The impact on price from the demand side.
  • The impact on price from the inventory side.
  • How the micro fundamentals from around the globe impact price.
  • How the non-economic drivers like shipping and transportation impact price.
  • How the myriad of various economies both emerging and developed impact price.
  • How various Central Bank strategies that are employed to manage the global economies impact oil prices.
  • The performance of oil prices under various economic cycles.
  • The impact of oil prices from moves in the various global equity markets.
  • How and why the US dollar impacts prices.
  • What is the impact on prices if OPEC moves away from the US dollar as the currency for dealing in oil.
  • How and why other commodities impact oil prices.
  • Is oil the new inflation hedge?
  • Major Oil & Large Independent:
    • Refiners
    • Marketers
    • Supply & Distribution personnel
    • Exchange Personnel
    • Risk Managers
    • Wholesale and Commercial managers
    • Traders
  • Wholesale/Marketing Companies
  • Jobbers/Diesel Fuel Distributors
  • Every level of the Trading community both physical & financial.
  • Truck Stop & Retail Chain Operators:
    • Fuel purchaser
    • Hedgers
    • Marketers
  • End-Users
    • Trucking Companies
    • Barge and Shipping Companies
    • Commercial and Private Airline Fleets
    • Government agencies – Federal – State- Municipal
    • Shipping companies
  • Lenders to the Oil Industry
  • Futures & OTC Brokers
  • Media Companies
  • Oil Reporters
  • Oil Analysts
Industry Segment
Course Level
Introductory to Intermediate
CPE Credits
12
EMI Credits
6