Training Courses at APPEC
Oil Market Fundamentals and Price Forecasting
September 7, 2026 | 8:30 AM - 5:00 PM
Expert Trainer
Oil market experts teach this course, delivering a concise and structured overview of the oil market, covering its historical development, demand and supply dynamics, and the geopolitical forces shaping prices. By linking past market cycles with current conditions, it helps participants understand today’s oil market and assess how the energy expansion may influence future market outcomes.
Training Course Agenda
1. Oil Market Fundamentals
- Global energy fundamentals: global energy supply & demand
- Structure of the world oil industry
- Part 1: Oil market history; oil demand and supply; forces shaping future of world oil demand; history of oil supply regulation; US Shale; Emergence of OPEC+
- Part 2: oil price history; factors shaping the oil price today; the role of futures markets; price benchmarks.
- Oil and the energy transition: How to think about the future
2. Price Discovery & Trading
- Oil Pricing: How does the Brent market work? Understanding what the physical trading data represents; Methodology: How do we arrive at the price?
- Trading: The mechanics of trading physical crude
- Oil Price Forecast
3. Benchmarks
- Overview of Platts Oil Benchmarks and assessment methodology
- Update on Platts Benchmarks: Dated Brent/Urals
- Update on Platts Benchmarks: Platts Dubai/Oman
4. Market Outlook
- How to develop an oil price outlook, short and long term
- Value of scenario framework for forecasting
- Oil market outlook to 2024 and through 2050
Standard Rate: $1,999
Prices displayed do not include applicable taxes.
Special Group Rate: Register 3 delegates, get the fourth free