Trading & Risk Management

Crude Oil Trading: From Pricing to Settlement5 articles · about 112 min

Follow a crude oil trade from market price discovery and benchmark-based pricing through physical cargo execution, risk management, and final settlement to understand what changes at each stage and how the workflow is represented in ETRM systems.

1. 1 Crude Oil Trading: Why the Barrel You Hedge Is Not the Barrel You Own 21 min
2. 2 Benchmark Pricing: Why the Benchmark Is a Rulebook, Not a Price 23 min
3. 3 Price Discovery: Why Your Book Has a Price for Things Nobody Traded 23 min
4. 4 Trade Execution: Why the Price Is the Part You Will Argue About Least 23 min
5. 5 Trade Settlement: Why "Settled" Is Not a State Your System Can Declare 22 min