Learning Objectives
At the end of the course delegates should have a broad understanding of the following subject areas:
- Overview of the major global energy markets:
- Crude oil and refined products
- Gas, including Shale Gas
- Coal
- Nuclear
- Alternatives, including hydro, wind, solar and tidal
- Electricity
- The major players:
- Users
- Suppliers: OPEC, non-OPEC, role of “Big Oil”
- Governments and global political factors
- Traders, including case study of Enron
- Environmental groups: the rising importance of ecological stewardship
- Market dynamics: how the interests of stakeholders influence prices
- Role of transportation and storage in energy markets
- Commodities markets
- Recap of commodities pricing dynamics
- Overview of key global markets and purpose of different contracts
- Inter-relationships amongst major commodity markets
Prerequisites
This course has no prerequisites. The necessary background to commodities markets and the energy industry will be fully covered.