Global Finance for the Earth, Energy, and Materials Industries

Global Finance for the Earth, Energy, and Materials Industry covers the physical and financial aspects of energy commodities with the focus on crude and natural gas. The physical "path" of each commodity from the point of production to the point of use will be explained, as well as the "value chain" that exists for each. Commodity market pricing, both cash and financial, will be presented, encompassing industry "postings" for cash, commodity exchanges, and "over-the-counter" markets. The use of financial derivatives to reduce market price risk ("hedging") will be presented, and "real world" examples will be utilized. Students will learn and practice the trading strategies in the energy commodity financial markets.