JBC Energy Academy Brochure
JBC Energy Academy Brochure
JBC Energy Academy Brochure
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Opec<br />
In the crude oil supply equation, it is the production management of the Organisation of Petroleum<br />
Producing Countries that effects the price of crude oil. As this is the case, an understanding of Opec is<br />
essential for anyone working in the petroleum business market.<br />
During the course attendees will:<br />
• Learn about the history and objectives of Opec<br />
• Gain insight into the structure of the organisation<br />
• Understand the group‘s production, pricing and investment policy<br />
• Investigate Opec‘s reserves<br />
Oil Fundamentals<br />
• Gain knowledge of the group‘s price bands and reference basket<br />
• Review relationships within the organisation<br />
<strong>Academy</strong> Programme 17
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