ENGLISH

The oil traders' word (s): oil trading jargon

By Woenzel , Stefan van

Book information

Publisher
Author Solutions Inc.;AuthorHouse
Year
2012
ISBN
9781468586046, 9781468586039, 9781468586053, 1468586033, 1468586041
Language
english
Format
EPUB
Filesize
1 MB (1295971 bytes)
Pages
xviii, 541 pages : illustrations (black and white)
Time added
2020-07-26 19:24:52
Oil industry workers--Language;Oil industry worker

Description

Physical oil trading is a worldwide activity containing a lot of oil business terms. Traders talk about time value, contango, backwardation, refinery activity, credit, logistics, HSE and much more, hence the size of this book. An oil trader generates billions of dollars cash flow per year, so he must be able to understand the meaning of the trading language and communicate in the correct way. But you might have a job which is related to that activity, and therefore it is important to understand the discussions, as you may be linked to that cash flow. The book is therefore a great working tool for all people being related to the commercial side of oil activity. A useful book for oil companies, but also for banks, shipping agents, refineries, marketers, brokers, inspectors, storage companies, expeditors, and many more with an interest in the oil industry. The book includes popular trading expressions and conversion tables related to oil trading.

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