The global oil and gas industry operates within one of the most complex and fast-moving economic environments in the world. Market pricing, geopolitical dynamics, refinery economics, and trading behaviour all intersect to shape how crude oil and petroleum products are valued, traded, and supplied across international markets.

The Markets, Trading, Pricing, and Economic Framework course provides participants with a clear and practical understanding of how crude oil markets function, from the fundamentals of production and refining to the mechanisms of pricing, risk management, and derivatives trading. Across five intensive days, the programme demystifies the structure of physical and financial markets, explores benchmark systems such as Brent, and examines the role of futures, swaps, and options in navigating price volatility.

By the end of the course, you will understand how pricing is formed, how trades are executed, how risks can be controlled, and how economic forces influence market behaviour. This programme is highly interactive, combining market analysis with practical exercises based on real trading scenarios.

You’ll learn how to:

Understand the fundamentals of crude oil supply, refining, and global trade flows
Analyse pricing systems, benchmark structures, and market formation
Interpret spot market behaviour and trading patterns
Apply risk management techniques using derivatives and hedging instruments
Evaluate futures, swaps, and options within energy trading portfolios
Assess economic drivers that shape market opportunities and constraints