Oil Trade

Author : Owain Johnson
Publisher : Routledge
Page : 269 pages
File Size : 53,6 Mb
Release : 2022-01-31
Category : Business & Economics
ISBN : 9781000539455

Get Book

40 Classic Crude Oil Trades by Owain Johnson Pdf

The day-to-day world of crude oil traders is not usually open to outsiders. Few non-specialists appreciate how oil traders approach the markets, what their backgrounds are and how they make money. This book brings the oil trading world to vivid life by introducing the reader to 40 real-life trades or strategies that were carried out by named market participants. The 40 chapters cover different geographies and different crude oil markets, providing an unparalleled insight into how crude oil traders work and think. Oil trading developed in its current form in the 1980s and the chapters cover these early beginnings through to the present day. The trades have been grouped in sections that relate to the nature of each trade and its broader use as an example of a successful trading style. Sections cover approaches to arbitrage trading; the impact of geopolitics; logistics and storage plays; short-term versus longer term trading; managing new crude oil grades; trading crude oil derivatives. The book provides plenty of inspiration for current or prospective crude oil traders or analysts. It will also be valuable for academic researchers, business school case studies, and for anyone wanting to learn more about the individuals that shape the world’s most important commodity market.

Author : J. E. Hartshorn
Publisher : Cambridge University Press
Page : 324 pages
File Size : 50,9 Mb
Release : 1993-08-27
Category : Business & Economics
ISBN : 9780521331432

Get Book

Oil Trade by J. E. Hartshorn Pdf

This book is a descriptive analysis of current influences in the world oil trade. It is concerned with a central unchanged paradox of the industry SH its preoccupation with maximising the production of high-cost rather than low-cost oil. It follows the rise and decline of OPEC monopoly power in the crude market, and shows how growth in the international oil business has almost ceased since the late seventies, exploring the reasons behind this slow-down. The author has had twenty-five years of practical consultancy in petroleum economics.

Author : United States. Bureau of Mines
Publisher : Unknown
Page : 790 pages
File Size : 44,6 Mb
Release : 1935
Category : Electronic
ISBN : STANFORD:36105119499254

Get Book

International Petroleum Trade by United States. Bureau of Mines Pdf

Author : Anonim
Publisher : Unknown
Page : 1252 pages
File Size : 43,5 Mb
Release : 1923
Category : Electronic
ISBN : UOM:39015080146593

Get Book

Oil Trade by Anonim Pdf

Author : Sally Clubley
Publisher : Woodhead Publishing
Page : 156 pages
File Size : 43,6 Mb
Release : 1998-09-14
Category : Business & Economics
ISBN : 1855733870

Get Book

Trading in Oil Futures and Options by Sally Clubley Pdf

Trading in oil futures and options is an introduction to price risk management in the worldwide oil industry. With numerous practical examples, it requires no prior knowledge and should be read by everyone involved in the industry. Although aimed primarily at those new to risk management it will also provide a useful theoretical background to more experienced managers and it will show those in other markets how the oil industry uses futures and other derivatives. This book concentrates on all the risk management tools available to everyone from crude oil producer to refined product consumer and explains the theory of futures, exchange options and over the counter trading.

Author : David Long
Publisher : Elsevier
Page : 825 pages
File Size : 45,7 Mb
Release : 1995-01-01
Category : Business & Economics
ISBN : 9781855738522

Get Book

Oil Trading Manual by David Long Pdf

The Oil Trading Manual (OTM) provides a unique and comprehensive reference source to the latest developments in the structure and conduct of the international oil markets including: Physical characteristics and refining Oil pricing arrangements Physical oil markets Forward and futures contracts Options and swaps Operations and logistics Accounting and taxation Controlling financial risk Legal and regulatory control OTM provides a unique and comprehensive reference source to the structure and conduct of the international oil markets. The manual covers all the major oil trading instruments and their applications; the trading centres, contracts, uses and users of both the physical and the terminal oil markets, and their administrative, management, tax, and accounting implications. It also includes vital information on changes to the international legal and regulatory structures. The manual is divided into three complementary parts; Characteristics An introduction to oil and oil trading, and includes material on the nature of oil as a commodity, refinery processes and the different ways in which oil is priced. Instruments and markets Deals with the oil market itself taking each segment in turn, explaining how the various trading instruments work and describing the markets that have evolved to trade them. It starts with the physical oil markets, moving on to forward and futures markets, followed by options and swaps. Administration Covers the essential 'back-room' activities without which oil trading could not continue. It includes practical material on operations and logistics, credit control, accounting, taxation, contracts and regulation, and controlling financial risk, providing a unique guide to the subject. Compiled from the contributions of a range of internationally respected professionals, it is the indispensable practical companion for all those involved with trading in this complex commodity. Revised and updated 2003

Author : Adi Imsirovic
Publisher : Springer Nature
Page : 262 pages
File Size : 52,8 Mb
Release : 2021-05-19
Category : Business & Economics
ISBN : 9783030717186

Get Book

Trading and Price Discovery for Crude Oils by Adi Imsirovic Pdf

This is a book about the international oil market. It takes a historical perspective on how the market emerged, developed, and became what it is today—the biggest commodity market in the world. It is mature and complex, but far from perfect. Throughout most of its 150-year history, the oil market has been monopolised by companies and governments. For only a fraction of that, oil traded in a relatively free market. As a result, we had to live with ‘big oil’, economic shocks, high oil prices, instability and wars. Using a simple concept of market power, this book will explain the meaning of ‘oil price’ and how it is established while offering a valuable lesson for other commodities. Market power is the key to understanding the ‘price of oil’. This book uses a simple concept of price-makers and price-takers to examine the evolution of oil markets, their structure, and prices. The early decades of the oil industry were competitive with low barriers to entry. Barely 25 years later, the Standard Oil company created a refining monopoly, buying oil at its own ‘posted’ price. In the following century, the cartel of major oil companies, helped by their governments, did the same at the international level. OPEC helped producing governments regain control of their own resources, but the organisation was never able to retain a similar level of control. After 1986 price collapse, OPEC abdicated the price-making function in favour of the market. While it never gave up attempts to influence prices, OPEC had to link their official prices to one of the global oil benchmarks. Modern international oil markets function because of oil benchmarks such as Brent, WTI and Dubai. This book showcases: • How oil traders played a prominent role in development of the industry • How policies of consuming nations helped oil cartels • Why and how the US price of oil was negative • How AI has changed the way markets operate and the way in which the markets are likely to change in future This book explores how oil markets grew, functioned, and have occasionally failed to do their job. The ecosystem of derivatives or ‘paper barrels’ trading in far greater volume than physical oil plays a very important role in mitigating risk. With this core tenant, setting the ‘price of oil’ is explained in detail.

Author : Anonim
Publisher : Unknown
Page : 1504 pages
File Size : 44,9 Mb
Release : 1923
Category : Natural gas
ISBN : STANFORD:36105027549059

Get Book

The Oil Trade Journal by Anonim Pdf

Author : Hossein Razavi,Fereidun Fesharaki
Publisher : Praeger
Page : 238 pages
File Size : 47,9 Mb
Release : 1991-08-26
Category : Business & Economics
ISBN : STANFORD:36105041122305

Get Book

Fundamentals of Petroleum Trading by Hossein Razavi,Fereidun Fesharaki Pdf

Until as recently as the late 1970s, the main channel for oil distribution was the integrated system of the major oil companies, while the volume of spot trading was limited to roughly 5 percent of the total oil trade. Today, spot and spot-related deals account for 80 to 85 percent of internationally traded petroleum, and have ushered in a new era of petroleum trading. In this work, Hossein Razavi and Fereidun Fesharaki offer a detailed study of the workings and issues surrounding today's oil trading market as they apply to all parties involved in the production, distribution, and consumption of petroleum. They provide a complete description of petroleum spot markets, futures, and options trading, and their interlinkages with contract sales. Razavi and Fesharaki cover a wide range of topics, and challenge the generally accepted view that spot and futures trading have wrested the power of price setting away from OPEC. They claim that prices are still determined by supply, which OPEC continues to influence. The book is divided into four sections, beginning with an overview of recent developments in spot, futures, and contract trading. Section two provides an analysis of spot and spot-related deals, while the third section describes the mechanics, organization, and evolution of petroleum futures markets and options trading. The work concludes with an in-depth section on interlinkages, examining the interactions among various segments of the market, including spot and futures trading, petroleum stock building, and OPEC. This book will be a valuable resource tool for libraries as well as a wide range of users, from oil industry professionals and financial analysts to students of energy-related topics.

Author : Chiagozie George Durueke
Publisher : Unknown
Page : 112 pages
File Size : 45,8 Mb
Release : 2022-04-07
Category : Education
ISBN : 9798201608897

Get Book

Oil and Gas Trade 101 by Chiagozie George Durueke Pdf

Oil and Gas Trade 101 is a book about the Buying and Selling of physical Petroleum products, crude oil and Gas; it is written and designed to bridge the gap created by the near absence of text materials which comprehensively dealt with the Downstream (refining, transportation and marketing) sector of the oil and Gas industry. It is said that mental excellence is a splendid and lasting possession; if so, you can acquire the mental excellence, the knowledge that will enable you to trade physical petroleum product, crude oil and Gas from this book. Oil & Gas Trade 101 chapters are arranged in order of increasing proficiency which means that, the skills you acquire in one chapter are used and developed in subsequent chapters. Oil and Gas Trade 101 is available in eBook and Paperback, it is also available in seven different languages: English, French, Spanish, Hindi, German, Portuguese and Russian language; If you are a novice or a trainee, hoping to make a career in the Oil and Gas industry, the knowledge you will acquire from this book will help you to hit the ground running in your first transaction; it will also help you to develop a plan to impress future buyers or sellers, and If you are already established, it is always good to look at things with new eyes; you can compare the information you have with the information written in this book. Most of the people posing as Sellers, Buyers, Agents or Facilitator of petroleum products, crude oil and gas transaction are time waster; they do not have the requisite knowledge of how to close an Oil and or Gas deal. The book "Oil and Gas Trade 101" will help you to save time and resources by empowering you with the knowledge that will help you to understand the intrinsic details involved in the buying and selling of physical Petroleum product, crude oil and Gas.

Author : R. W. Ferrier,A. Fursenko
Publisher : Routledge
Page : 142 pages
File Size : 43,9 Mb
Release : 2016-03-02
Category : Business & Economics
ISBN : 9781317234968

Get Book

Oil In The World Economy by R. W. Ferrier,A. Fursenko Pdf

This book discusses the oil industry and its impact on the world economy in the twentieth century. It examines the importance of oil in different sectors, from 1900-1973 and stresses the relevance of oil as a factor in modern economic history not only in national terms but also within an international context. The book includes chapters on American policy towards developing economies in the first half of the 20th century; the policy of Russian oil exports in the 20s and 30s; the financing of the German and French oil industries; and the role of oil in the Japanese economy, a major industrial country without oil resources. On the international front, the book covers the impact of the Middle East national oil companies, the effect of oil on the developing countries of South Ameirca and the relevance of the oil crisis of 1973.

Author : William Shurtleff; Akiko Aoyagi
Publisher : Soyinfo Center
Page : 1527 pages
File Size : 55,6 Mb
Release : 2021-09-07
Category : Reference
ISBN : 9781948436496

Get Book

History of International Trade in Soybeans, Soy Oil and Soybean Meal, Plus Trade Policy (1859-2021) by William Shurtleff; Akiko Aoyagi Pdf

The world's most comprehensive, well documented, and well illustrated book on this subject. With extensive subject and geographic index. 107 photographs and illustrations - mostly color. Free of charge in digital PDF format.

Author : Anonim
Publisher : DIANE Publishing
Page : 23 pages
File Size : 43,6 Mb
Release : 2024-06-17
Category : Electronic
ISBN : 9781437985306

Get Book

U.S. Oil Imports: Context and Considerations by Anonim Pdf

Author : Douglas R. Bohi,Milton Russell
Publisher : Routledge
Page : 323 pages
File Size : 54,8 Mb
Release : 2013-11-26
Category : Business & Economics
ISBN : 9781135986377

Get Book

Limiting Oil Imports by Douglas R. Bohi,Milton Russell Pdf

First Published in 2011. This book presents the results of the third phase of our analysis of U.S. oil imports in relation to U.S. energy policy. It presents a definitive history and analysis of the United States' experiment with formal oil import controls and addresses three questions: The first is how the U.S. energy situation, especially energy security, was affected by what was going on in the rest of the world. The second is the more narrow issue of what energy security options appeared available to the United States from the perspective of the special conditions which existed during 1974-75. The third question, the main subject of this book, and the one with which we initially began, was what lessons might be learned from earlier efforts to limit imports, especially through the Mandatory Oil Import Program.

Author : Hossein Razavi
Publisher : Unknown
Page : 136 pages
File Size : 46,7 Mb
Release : 1989
Category : Benzin
ISBN : IND:30000094755018

Get Book

The New Era of Petroleum Trading by Hossein Razavi Pdf

Until as recently as the early 1970s, the main channel for oil supply was the integrated system of the major oil companies. Each company had its own source of crude as well as the capacity to refine it. The volume of spot trading was limited to around 5 percent of the total oil trade. Today, spot and spot-related trades comprise some 80 pecent of the internationally traded petroleum. Although the use of new trade instruments began in the early 1980s and almost all market participants are still learning, petroleum traders of developing countries have lagged behind those of the developed countries. This lag has resulted in the inability of these countries to procure their petroleum requirements at the lowest possible cost. Since petroleum costs in most developing countries constitute a large component of the total import bill, the potential to benefit from the use of modern trading instruments is substantial.