Book: The Oil Traders' Word(s) - Oil Trading Jargon by Stefan van Woenzel
categories: Book, Crude, Refining, Petroleum, Fuel, Statoil, Logistics, Tanker, Petrol, Energy, LPG, Oil Trading Jargon
Stefan van Woenzel about this book: Th Oil Traders's Word(s) is a book which explains all definitions and oil business jargon which is related to the commercial side of the business. It makes people understand what all that fast talk of the oilmen means. The oil words contain descriptions related to trading of physical oil cargoes, the logistics, reigning, shipping, oil qualities, hedging HES and much more. For many people oil talk became a common language. Many people just keep using the words, but how long does it take before they know the meaning and the background of the word.
Oil is expensive and too many people working with the trader but in a different role must have the competence to understand what is happening. Beside that understanding the oil language will boost the confidence level at work. Any one working in the oil industry will benefit from this book, the quick strange talk of the traders is now explained and demystified. This book is one of its kind, written straight from practise, by Stefan van Woenzel who works at Statoil ASA, in Norway. The jargon and definitions with explanation are based on his 25 years of experience in logistic and oil trading. As he calls it, this book is his contribution the the industry.
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