Marketing Petroleum Products
Module 7 discusses what the three marketing sectors of petroleum are, which forces control the nature of the petroleum market, where the major producers and major consumers are located, how crude oil is traded, how the supply and demand of petroleum is stabilized and how refined petroleum products are marketed.
This course is designed for students who require a basic understanding of the petroleum industry to perform their jobs. It provides an easy-to-understand introduction to the basics of upstream and downstream activities. Students will learn how hydrocarbon deposits are formed, explored for, and produced. Next, students will learn how crude oil and gas are converted from a raw material to finished product and delivered to markets, or traded worldwide, as a commodity.