Categories: Financial Analysis ,  Markets, Trading & Derivatives

Fundamental Analysis of the Energy Markets.

The course provides an overview of the factors underlying the pricing of the energy markets. Delegates gain a strong understanding of the fundamental drivers affecting the valuation of energy sources. Economic, geographical, political, strategic and comparative factors are considered. 

Who Should Attend: 
- Recommended for new entrants to the energy industry who would like to gain an insight into fundamental analysis of the energy market
- Marketing and sales departments
- Futures and options brokers and dealers
- Government departments dealing with energy issues
- Physical traders

Course Content:

Development of the markets

Geographical factors:
- Pipeline/shipping
- Localised weather reports
- Seasonality
- Locality
- Transport and the supply chain
- Refining, crude selection and GPW

Political factors:
- Cartel/trade agreements
- Global events
- Taxation/trade tariffs
- Regulation/legislation
- Environmental pressures

Comparative factors:
- Preference shift
- Transaction costs
- Alternative commodities
- Production yields
- Relative quality

Background information:
- Market developments
- Types of oil and gas
- Terminology

Economic factors:
- Production/consumption
- Storage availability/costs
- Insurance costs
- Interest rates
- Transportation
- Currency rates
- Other related markets