Global Oil Supply & Demand Balance

What You Will Learn

During this course, you’ll delve into the details of the global supply and demand balances from both a macro perspective and a regional viewpoint. All of the major components that go into producing a global supply and demand model will be discussed. We will end the course with the development of a working fundamental model drawing on the many items discussed throughout the program. Some of the areas the course will focus on are:

• A detailed discussion on the parts of the global supply and demand balances.
• The source of all of the data.
• What is good and timely data; what is flawed data.
• The evolving US crude oil revolution and the impact it is having on the supply side of the equation.
• How the changing refining sector impacts the global supply and demand models and ultimately the various pricing interrelationships between crude and refined products.
• The changing demand picture, who is now the incremental consumer and the implications it has on the model.
• The most important element of the balances – macro and micro inventory data.
• The market impact from the supply, demand and inventory data.