Understanding pricing, trade, and the economic framework is crucial for businesses navigating the complexities of the global marketplace. This comprehensive course delves into the intricacies of pricing strategies, shedding light on the various factors influencing product and service pricing in dynamic economic environments.
Participants will gain insights into the fundamentals of international trade, exploring the impact of tariffs, quotas, and trade agreements on business operations. The economic framework component of the course focuses on equipping individuals with the knowledge to interpret economic indicators, anticipate market trends, and make informed business decisions.
By examining the interplay between pricing, trade dynamics, and economic factors, participants will be well-prepared to formulate strategic approaches that enhance competitiveness, mitigate risks, and capitalise on emerging opportunities in today's ever-evolving global economy.
During this course, you’ll learn:
This course is designed for anyone in a petroleum based industry who is aiming to increase their knowledge and understanding of the financial market in that area. It would be most beneficial for:
This course uses a variety of adult learning styles to aid full understanding and comprehension. Participants will watch videos to understand the current economic climate within the crude oil industry and work through interactive presentations to understand the trending issues and current risks of investment.
They will conduct team discussions to talk through common barriers and discuss how the industry can increase profitability while remaining sustainable and considering the environmental aspects of the trade.
Section 1
Trends in the Crude Oil Market
Section 2
Stocks, Shares & Hedging
Section 3
Economic Strategies within the Crude Oil Sector
Section 4
Pricing Structures & Identifying Change
Section 5
The Future Oil Market & Its Limitations
Section 6
Derivative Products Including Swaps & Options