Energy Trading and Risk Management

OIL

Crude oil is a liquid from of fossil fuel that has had an impact on the total energy consumption of the work. Crude oil accounts for 1/3rd of the global energy consumption. In terms of numbers, this translates to around 1.6 million barrels per day (Mb/d)1. All those involved in the activities related to crude oil play an important role, right from the discovery of crude oil to the end consumption. The courses on oil have been developed to provide insight into these activities involving:

These activities can be divided into the following areas:

  • Exploration.
  • Extraction.
  • Refining.
  • Transportation.
  • Storage.
  • Distribution.
  • Trading or Marketing

BP Statistical Review of Work Energy

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