In a world where energy demand is constantly evolving, the course International Trade in Crude Oil, Petroleum Products and Gas This course presents a unique opportunity to gain a deeper understanding of a crucial and rapidly growing sector. With a holistic approach, this course offers you a comprehensive overview of the global energy markets, from market segmentation to the complexities of transport and logistics. You’ll learn about the price formation, commercial contracts and the international regulatory framework, essential skills for navigating an environment characterised by geopolitical risks and the energy transition. This online course is designed to enhance your analytical and strategic capabilities in global energy trading.
International Trade in Crude Oil, Petroleum Products and Gas
Introduction
Objectives
-
To analyse the structure and dynamics of the global energy markets and its pricing mechanisms.
-
Understanding the international supply chain in the energy trade.
-
Assess the contractual and risk management frameworks in hydrocarbon transactions.
-
Examine the international regulatory framework and the geopolitical factors that influence energy trade.
Table of Contents
TEACHING UNIT 1. OVERALL FUNDAMENTALS OF THE ENERGY MARKET
Structure and segmentation of the global energy market
Mechanisms governing crude oil production and availability
International trade in crude oil: flows and dynamics
Benchmark indices and crude oil pricing mechanisms
Market for petroleum products
The natural gas market: structure and specific characteristics
Logistics and transport of energy products
Key players and market governance
TEACHING UNIT 2. TRANSPORT INFRASTRUCTURE AND LOGISTICS
Modes of transport: characteristics and applications
Port infrastructure and specialised terminals
Supply chain and logistics coordination
Costs and efficiency in energy logistics
TEACHING UNIT 3. PRICE FORMATION AND COMMERCIAL CONTRACTS
Fundamentals of price formation in hydrocarbon markets
Benchmark indices and valuation mechanisms
Commercial contracts: structure and key elements
Incoterms and international trade terms
Adjustment mechanisms and price clauses in contracts
Spot, forward and long-term contracts
Futures and derivatives in risk management
TEACHING UNIT 4. INTERNATIONAL REGULATORY AND TRADE FRAMEWORK
Structure of the international regulatory framework
Key international regulatory bodies
Bilateral and multilateral trade agreements
International quality standards for crude oil and petroleum products
International pricing mechanisms
Environmental regulations governing trade in derivative products
TEACHING UNIT 5. RISKS, GEOPOLITICS AND FUTURE PROSPECTS
Key geopolitical risks in the energy trade
Power dynamics in the global energy market
Specific vulnerabilities in supply chains
Energy transition and market restructuring
Future outlook: scenarios and emerging imbalances