Summary - Oil Markets Fundamentals

Summary

Gain a practical, ground-level understanding of global and West African oil markets in this intensive two-day training program. This program covers essential market fundamentals, the role of oil pricing and key benchmarks, and the basics of physical trading. The course also examines regional market dynamics and the long-term trends shaping the energy sector.

Through real-world examples and focused discussion, you’ll learn how supply and demand, regulation, infrastructure, and major market developments drive prices and influence decisions across the energy value chain.

Designed for energy professionals, analysts, commercial teams, and policymakers, this comprehensive course delivers actionable insights to help you interpret market movements, evaluate opportunities, and support confident, well-informed decision-making.

Learning objectives

Upon completion of this course, participants will be able to:

Explain global oil industry structure and the main drivers of supply, demand, and pricing.
Assess how major developments (including OPEC+, U.S. shale, and the energy transition) affect global market balances.
Analyze West African oil market dynamics, including infrastructure, regulation, trade flows, and refining.
Interpret key market fundamentals and understand their impact on price movements.
Explain how oil prices are discovered across physical markets, futures markets, and benchmarks.
Apply core concepts of physical crude oil trading, including pricing mechanisms and trading workflows.
Build short- and long-term market outlooks using scenario-based fundamental analysis.
Assess the opportunities and challenges for the West African oil sector through 2030 and beyond.
Use market intelligence and analytical frameworks to support strategic and operational decision-making.