International Oil and Gas Markets, Trades, Prices, and Economic Framework
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- International Oil and Gas Markets, Trades, Prices, and Economic Framework
Crude Oil and natural gas lie at the heart of the global energy economy. Their journey—from upstream extraction to processing, transportation, and final market delivery—is shaped by geopolitical dynamics, logistics infrastructure, commercial terms, and the strategic behaviours of producers and traders. This course offers an integrated view of the international oil and natural gas market structures, covering the supply and demand forces, transportation logistics, refining and processing economics, and trading strategies that define value creation. Participants will develop a practical understanding of how market signals, contracts, and physical flows interact across borders—supporting more effective decision making within investment and risk management domains.
Course Objectives
By the end of the course, participants will be able to:
- Identify major crude oil benchmarks and global supply routes.
- Understand the regional natural gas markets and the Global liquified natural gas.
- Describe refining processes and how crude quality impacts yields.
- Analyse trading contracts for managing price risks.
- Evaluate geopolitical events affecting oil and gas supply and market prices.
- Develop a hedging plan using futures or swaps.
- Calculate refining margins using crack spread models.
- Assess arbitrage between crude grades based on cost and yield.
- Develop an economic framework based on market understanding for investment and project appraisals.
Who Should Attend?
- Energy professionals in commercial, trading, or strategy functions
- Decision makers in supply chain, logistics, or refinery planning
- Financial analysts, risk managers, and project evaluators
- Energy analysts & project managers
- Petroleum engineers, Facility Engineers
- Geology and Geophysics professionals
- Business development & corporate strategists
- Analysts and market experts
- Legal and regulatory professionals engaged in trading or transportation contracts
- Researchers and stakeholders seeking a comprehensive understanding of global crude markets
Course Outline
- Overview of the crude oil value chain: upstream to downstream
- Overview of natural gas value chain
- Fundamentals of oil and gas industry: geoscience and engineering
- Market fundamentals: supply sources, demand centres, and trade flows
- Major producers, consumers, and OPEC+ market influence
- Project economics: cost structures and value drivers
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What our delegates say
Thank you for the opportunity for having attended Advanced Skills of the Bid and Tender Management Process from London Training for Excellence. It was a good experience as I find myself with added knowledge so as to contribute I a more quality manner to my com…
The course is very adaptable to everyday work and contributes to developing CSR framework in our own organisation. Very practical and useful.
The training provided by LondonTFE are very inspirational and thought provoking. The outlines are comprehensive and the method of teaching is mostly practice-oriented. The LondonTFE staff always been able to balance the composition of participants, which contr…








































