L01. Understanding the Global Oil & Energy Market Structure + Up to 2 Hours of Live Online Learning

Lecture 1: Understanding the Global Oil & Energy Market Structure

By the end of this lecture, you should be able to:

• Explain the structure of the global oil and energy market and identify its main participants.
• Understand the roles of producers, refineries, national and international oil companies, traders and end-users.
• Describe the general supply chain from production to final consumption.
• Distinguish between physical oil markets, financial markets and commercial trading activities.