Global Oil Supply & Demand Balance

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Get a rigorous understanding of the who, what and how at every level of the macro and micro supply and demand balances, and the implications they have on short, medium and longer-term pricing relationships.

At A Glance

Industry Segment Oil
Course Level Introductory to Intermediate
CPE Credits 12
DTN Credits 6
Competency Path Certified Energy Professional, Certified Energy Trading Professional, Oil

What You Will Learn

During this course, you’ll delve into the details of the global supply and demand balances from both a macro perspective and a regional viewpoint. All of the major components that go into producing a global supply and demand model will be discussed. We will end the course with the development of a working fundamental model drawing on the many items discussed throughout the program. Some of the areas the course will focus on are:

  • A detailed discussion on the parts of the global supply and demand balances.
  • The source of all of the data.
  • What is good and timely data; what is flawed data.
  • The evolving US crude oil revolution and the impact it is having on the supply side of the equation.
  • How the changing refining sector impacts the global supply and demand models and ultimately the various pricing interrelationships between crude and refined products.
  • The changing demand picture, who is now the incremental consumer and the implications it has on the model.
  • The most important element of the balances – macro and micro inventory data.
  • The market impact from the supply, demand and inventory data.

Who Should Attend

The course is designed for participants working in all levels of the oil industry, including, but not limited to, analysts, government regulators, traders, managers and trading support personnel. Those who will benefit from this course include:

  • Major oil and large independent:
    • Refiners
    • Marketers
    • Supply and distribution personnel
    • Exchange personnel
    • Risk managers
    • Asset and non-asset traders
  • Hedge funds, prop traders and financial traders
  • Every-level of the trading community, both physical and financial
  • Transportation companies at every level of the crude oil infrastructure
    • Pipeline
    • Rail
    • Trucking
    • Shipping (both ocean-going and barge)
    • Vessel brokers
  • End-Users
    • Government agencies – Federal/State/Municipal
    • Refiners
  • Lenders to the oil industry
  • Futures and OTC brokers
  • Media companies
  • Oil reporters
  • Oil analysts