Online Courses

Physical Crude Oil and Products Trading

Understand physical oil trading from the perspective of both the trader and the supply analyst with EMI’s ON DEMAND, online Physical Crude Oil and Products Trading course.

With 14 hours and 31 minutes of online, recorded instruction, you get the same in-depth, top-notch learning experience that EMI’s in-person classes are known for. Plus you have the advantage of accessing your course anytime, anywhere.

Total Course Duration: 14 hours and 31 minutes.

Login User ID and Password will be sent to you via email from

Access to the content will end 14 days after your first access. You can view the content as often as you like during the access period.

Full Course Description

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This highly intensive physical crude oil and products trading course will provide the attendees with a comprehensive understanding of the US and international physical oil trading business from the perspective of both the trader and the supply analyst.

  • Session 1 – Trading Overview
  • Session 2 –  Physical and Financials
  • Session 3 – Physical Oil Price Mechanisms and Distribution
  • Session 4 – Operations and Logistics
  • Session 5 – The Freights Market
  • Session 6 – Refinery Economics
  • Session 7 – Refinery Economics 2
  • Session 8 – Spreads
  • Session 9 – Intermonth Spreads Storage Trades
  • Session 10 – Crude Oil Arbitrage
  • Session 11 – Refined Products Arbitrage
  • Session 12 – Case Study
  • Session 13 – An Approach

SCORM compliant. Available across all platforms (desktop, tablet and mobile).

EMI online learning programs provide immediate access to instructor-narrated courses on a wide variety of industry topics. Most courses contain multiple sessions comprising 6 or more total hours of content. Upon purchasing you will receive an instant email containing your secure registration credentials. Your course selections are ready and waiting for you upon login. Programs are viewed on demand using your standard web browser and high-speed internet connection. Access to each individual session will end 14 days after first being accessed, although there is no limit to the amount of time it takes to complete the entire course.  You can start, stop, pause and view the content within each session as often as you like during the access period.

Group licensing available. Contact EMI at or 888.871.1207 to request details. CPE credits are not currently available for EMI On Demand courses.

This course is designed for people working in:

  • Oil trading
  • Risk management
  • Supply, transport and operations
  • Sales and marketing
  • Energy purchasing
  • Refining
  • Management and financial accounting
  • Strategic planning and economics
  • Analysis
Industry Segment
Course Level
Introductory to Intermediate
EMI Credits
Course Type