JBC Energy Academy Brochure
JBC Energy Academy Brochure
JBC Energy Academy Brochure
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Crude & Product Pricing<br />
Risk Management Modules<br />
How is the price of crude oil and oil products established? This is the main question that will be<br />
answered in this module. During this course participants will gain an understanding of the factors<br />
that are taken into account when setting a price, and what the various procedures are.<br />
During the course attendees will:<br />
• Identify the main sources for prices<br />
• Learn the various calculations used in price formation<br />
• Gain insight into the differing methodologies<br />
used by pricing agencies<br />
• Understand the different types of prices<br />
• Investigate the connections between prices in different markets<br />
<strong>Academy</strong> Programme 12