The world is struggling to keep up with the growing demand for oil products. The refining sector is running close to maximum capacity throughout the entire year. The result has been many unscheduled problems causing wide swings in prices. It is, therefore, a requirement to be knowledgeable about what the economic impact is to the refinery, speculator and supply analyst who is buying all the crude for the refinery and selling the off-take. The economics of this sector can be broken into four interesting and very important segments.
You will leave this course with a solid and immediately useful understanding of:
This is one of EMI’s premier online courses in the world of refining economics. You will be exposed to the various economic calculations around a refinery as well as which sector of the industry is using which type of economic analysis. You will understand the pure economics of a refinery and alternative economic calculations that are used to optimize the refinery operations and feedstock acquisitions.
Program length: 105 Minutes.
Are you in the energy industry or do you work in a related industry that relies on energy (i.e. financial trading)? If so now is the time to expand the depth of your knowledge.
This critical online program introduces many topics that are of special interest to the energy and energy-related community. The program is filled with an extraordinary amount of valuable information for those who want to understand the economics of a refinery, how to interpret the economics, and how to use them for operational, hedging decision and speculative decisions.
Topics covered include:
General Audience. Presented from the perspective of refiners, traders and supply analysts.