{"product_id":"l24-oil-trading-economics-pricing-mechanihsms-cost-structure-netback-and-profitability-analysis","title":"L24. Oil Trading Economics: Pricing Mechanisms Cost Structure, Netback and Profitability Analysis + Up to 2 Hours of Live Online Learning","description":"\u003cp\u003e\u003cmeta charset=\"UTF-8\"\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cspan class=\"s1\"\u003eLecture 24: Oil Trading Economics — Pricing Mechanisms, Cost Structure, Netback and Profitability Analysis\u003c\/span\u003e\u003cspan class=\"s2\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cp class=\"p1\"\u003e\u003cspan class=\"s2\"\u003eBy the end of this lecture, you should be able to:\u003c\/span\u003e\u003cspan class=\"s2\"\u003e\u003c\/span\u003e\u003c\/p\u003e\n\u003cul class=\"ul1\"\u003e\n\u003cli class=\"li1\"\u003e\n\u003cspan class=\"s3\"\u003e\u003c\/span\u003e\u003cspan class=\"s2\"\u003eExplain the main pricing mechanisms used in crude oil and refined petroleum product transactions.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"li1\"\u003e\n\u003cspan class=\"s3\"\u003e\u003c\/span\u003e\u003cspan class=\"s2\"\u003eUnderstand the differences between benchmark prices, premiums, discounts and final transaction prices.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"li1\"\u003e\n\u003cspan class=\"s3\"\u003e\u003c\/span\u003e\u003cspan class=\"s2\"\u003eCalculate purchase, transportation, insurance, inspection, storage, financing and other relevant costs.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"li1\"\u003e\n\u003cspan class=\"s3\"\u003e\u003c\/span\u003e\u003cspan class=\"s2\"\u003eAnalyze Netback, profit margins and the potential profitability of an oil transaction.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003cli class=\"li1\"\u003e\n\u003cspan class=\"s3\"\u003e\u003c\/span\u003e\u003cspan class=\"s2\"\u003eDetermine whether a transaction is economically viable based on its costs, market conditions and associated risks.\u003c\/span\u003e\n\u003c\/li\u003e\n\u003c\/ul\u003e","brand":"RED ZORIX OIL ACADEMY","offers":[{"title":"Default Title","offer_id":46752629162069,"sku":null,"price":275.0,"currency_code":"USD","in_stock":true}],"thumbnail_url":"\/\/cdn.shopify.com\/s\/files\/1\/0734\/6588\/8853\/files\/IMG_5595.jpg?v=1794663198","url":"https:\/\/rzoilacademy.store\/products\/l24-oil-trading-economics-pricing-mechanihsms-cost-structure-netback-and-profitability-analysis","provider":"RED ZORIX OIL ACADEMY","version":"1.0","type":"link"}