Description
This course is designed to impart you with the most commonly used jargons in the world of physical energy and commodity trading. We cover 100 important and most fundamental terminologies you must know if you are getting into the world of Oil, Gas, Power, Coal, Agriculture and Tanker trading. It is designed for beginners and intermediates. I also cover some real world examples of how these words are used. After doing this course, you will never feel like a fish out water ever again when people around you discuss trading. I cover the following 100 terminologies in easy to consume bite size video lectures with some great background pictures to help you recall better:Over the CounterAccess ChargeAccrual AccountingLoad AggregationAlternative Delivery ProcedureAncillary ServicesAnnual Contract QuantityArbitrageBackwardationContangoBargesBaseloadPeakloadBasis RiskBenchmark CrudeNettingBlendingBook OutBundled ServicesCapacity TradingCarrying ChargeCity GateCrack SpreadCredit RiskDay Ahead MarketHeating / Cooling Degree DayDemand Side ManagementDispatchForce MajeureNominationsHubsISDAMarginsMarket RiskMark to MarketNet Present ValueOPECPaper MarketPhelixImbalancePower Purchase Agreement (PPA)SleevingSpark SpreadDark SpreadQuark SpreadTake or PayTTFUp/Mid/Down StreamFront / Mid / Back OfficeValue at Risk (VaR)VolatilityArgus / PlattsDensity EscalationMaster AgreementBlotterCascadingConfirmationsDerrivativesAssay AnalysisWorking Gas / Base GasBearish / BullishBill of Lading (B/L)Cash and CarryDemurrageDry GasWet GasLiftingParkingPromptComminglingCrude Oil Landed CostWharfageDaisy ChainProof of Product / Proof of FundsChasing RainbowsMandatesSweet / Sour Crude OilLight / Heavy Crude OilMercaptonsScalpingFrackingNetbackOpen InterestProp ShopsAgency TradingMarket MakingInco TermsMiddle DistillatesBottom of the BarrelFlat PositionOfftake AgreementOrigination / SourcingBid / Ask / SpreadsCash / Spot MarketsLiquidationNet PositionE/CTRMHedgeStraddleWheeling
