L19. Physical Oil Markets vs. Financial and Online Markets + Up to 2 Hours of Live Online Learning

Lecture 19: Physical Oil Markets vs. Financial and Online Markets

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

• Explain the differences between physical oil transactions and financial or online trading.
• Understand the roles of futures markets, financial contracts and physical spot transactions.
• Distinguish displayed market prices from genuine offers for physical cargoes.
• Evaluate delivery, liquidity, price volatility and financial commitment risks in different markets.