Language of Energy / Commodity Traders

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:

1. Over the Counter

2. Access Charge

3. Accrual Accounting

4. Load Aggregation

5. Alternative Delivery Procedure

6. Ancillary Services

7. Annual Contract Quantity

8. Arbitrage

9. Backwardation

10. Contango

11. Barges

12. Baseload

13. Peakload

14. Basis Risk

15. Benchmark Crude

16. Netting

17. Blending

18. Book Out

19. Bundled Services

20. Capacity Trading

21. Carrying Charge

22. City Gate

23. Crack Spread

24. Credit Risk

25. Day Ahead Market

26. Heating / Cooling Degree Day

27. Demand Side Management

28. Dispatch

29. Force Majeure

30. Nominations

31. Hubs

32. ISDA

33. Margins

34. Market Risk

35. Mark to Market

36. Net Present Value

37. OPEC

38. Paper Market

39. Phelix

40. Imbalance

41. Power Purchase Agreement (PPA)

42. Sleeving

43. Spark Spread

44. Dark Spread

45. Quark Spread

46. Take or Pay

47. TTF

48. Up/Mid/Down Stream

49. Front / Mid / Back Office

50. Value at Risk (VaR)

51. Volatility

52. Argus / Platts

53. Density Escalation

54. Master Agreement

55. Blotter

56. Cascading

57. Confirmations

58. Derrivatives

59. Assay Analysis

60. Working Gas / Base Gas

61. Bearish / Bullish

62. Bill of Lading (B/L)

63. Cash and Carry

64. Demurrage

65. Dry Gas

66. Wet Gas

67. Lifting

68. Parking

69. Prompt

70. Commingling

71. Crude Oil Landed Cost

72. Wharfage

73. Daisy Chain

74. Proof of Product / Proof of Funds

75. Chasing Rainbows

76. Mandates

77. Sweet / Sour Crude Oil

78. Light / Heavy Crude Oil

79. Mercaptons

80. Scalping

81. Fracking

82. Netback

83. Open Interest

84. Prop Shops

85. Agency Trading

86. Market Making

87. Inco Terms

88. Middle Distillates

89. Bottom of the Barrel

90. Flat Position

91. Offtake Agreement

92. Origination / Sourcing

93. Bid / Ask / Spreads

94. Cash / Spot Markets

95. Liquidation

96. Net Position

97. E/CTRM

98. Hedge

99. Straddle

100. Wheeling