Stefan van Woenzel
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oil traders words - YouTube

oil traders words - YouTube | Stefan van Woenzel | Scoop.it
Oil Traders Words explain Babysitting a Position 5% Discount code OILYT at www.oiltraderswords.printtrail.com
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Oil Traders Words

Oil Traders Words | Stefan van Woenzel | Scoop.it
Dictionary of Oil Trading Jargon. People in the Oil business talk and talk. It is quick-talk and business talk. It is jargon. Popular talk, discussions are full of various definitions. Opinions about
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Oil Trader´s Word(s) - Applications Android sur Google Play

Oil Trader´s Word(s) - Applications Android sur Google Play | Stefan van Woenzel | Scoop.it
The app helps people, related to the oil business, to understand the oil business language. The definitions and jargon explained in this app relates to physical oil tr...
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Oilholics Synonymous Report: A brilliant catalogue of ‘crude’ expressions

Oilholics Synonymous Report: A brilliant catalogue of ‘crude’ expressions | Stefan van Woenzel | Scoop.it
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Oil business language, a jungle of definitions. | Revista Petroquímica

Oil business language, a jungle of definitions. | Revista Petroquímica | Stefan van Woenzel | Scoop.it
By Stefan van Woenzel, author of “The oil traders’ Word(s)”.
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Bookmarklet | Scoop.it

Bookmarklet | Scoop.it | Stefan van Woenzel | Scoop.it

New Oil trading book

Oil jargon dictionary.

 

The Oil Traders' Word(s) at www.woenzel.com

 

By Stefan van Woenzel

 

A new trading book has been published. Not a book with all the stories how to make money. No, there are plenty of those. An additional book how to trade would in my view not improve anything.

 

My concern in the Oil business is the way people communicate with each other. Social media make things go faster and easier. Conflict situation are solved through instant message dialogues. Those are easy to walk away from when you get stuck with words.

News messages on the internet or screen are coming in and not all people understand the words that has been written. Nevertheless even then most people do a Copy-Paste action and the news message is forwarded on email and/or social media. “Look what I found in the News, I knew it first.”

 

Too many people in the business are jumping from job to job. How can you be good at something after one year being active in a job. In my view people can learn about their computer programs in one year and if you are good and fast at that, a manager would quickly be impressed or if not the employee wants another job because the computer program he works with is too simple. (Too much gaming in the past?)

 

Real experience comes over a longer period. In the oil business there is so much to experience in a job position. And when working in the oil business there is also a social aspect of it. But how social are we when working and communication through social media.

 

I think that because people do not talk enough with each other, learning and getting experience is more difficult to get. When I meet people in the business and when I am asked to explain people about oil activity it is easy to discover that many people have no clue about the meaning of many oil definitions.

 

I always challenge people around me and I always ask people about backwardation and contango. What do I mean with the curve, the structure or time value? What is density, how do you calculate the API number from Density. What is a B/L and why do we need a vetting to get a vessel approved? Pricing terms like fixed pricing, differentials, floating pricing or B/L related pricing. Crude qualities Sour and Sweet. I can continue till I mentioned all 2,000 words in my book. There is plenty to learn. But I am already sure that some readers of this part of this article are already wondering what the above mentioned definitions mean.

 

I cannot and I will not stop the use of Social Media and I am not against it. Therefore this article is created on Scoop.it. My oil trading dictionary is created in order to fill the gap which has been caused as people do not ask enough question on their job. “Why this and what does it mean” are easy question but youngers do not have the guts to ask directly, maybe through social media to their 1,000 “friends.”

My Oil trading book explains all definitions and jargon used at the commercial side of the business. It is related to trading, logistics, shipping, hedging, refining, blending, HES, risk management, oil qualities, shipping documentation and much more.

 

If you work in the oil business then I would strongly recommend you to get a copy. Not because I would sell more books. No, because my book is the only one which is written straight from practice and therefore it is straight to the point and very clear and easy to read. Here you can pick up something. I can tell you that through better understanding of the oil business language your skills in communication and performance at work will improve. Let’s go one level up, get your self a book today!

 

Check it out on my website www.woenzel.com

 

Make your choice. You take part in the oil business and you are ambitious or you are not.

 

From here it’s your call.

 

 

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oil traders words - YouTube

oil traders words - YouTube | Stefan van Woenzel | Scoop.it
Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Oil Trading Glossary's insight:
Every day a new Oil Business Definition explained onYouTube
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The Oil Traders' word(s) - OIL Business dictionary, explaining oil business language, Great learning, order one at Amazon

The Oil Traders' word(s) - OIL Business dictionary, explaining oil business language, Great learning, order one at Amazon | Stefan van Woenzel | Scoop.it
Oil Trading Glossary's insight:
The number 1 Oil dictionary of Oil Trading and Logistcs
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Release App for Oil Trading, Oil Definitions Explained

Release App for Oil Trading, Oil Definitions Explained | Stefan van Woenzel | Scoop.it
Stefan van Woenzel introduces The Oil Traders' Word(s) 1.0 for iOS and Android, for Oil Trading and logistic professionals. The app is based on the Oil Trading definitions book, The Oil Traders' Wo...
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3 Months published now. The oil Traders’ Word(s)

3 Months published now. The oil Traders’ Word(s) | Stefan van Woenzel | Scoop.it
In August my book “The Oil Traders’ Word(s)” was published. The moment that I put my knowledge about oil trading terminology  in the market. People can criticize my book and my kn...
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The Oil Traders' Word(s) | Wall Street Oasis

The Oil Traders' Word(s) | Wall Street Oasis | Stefan van Woenzel | Scoop.it
Read blog posts on The Oil Traders' Word(s) on Wall Street Oasis, the largest finance industry social network and web community.
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The Oil Traders’ Word(S): Oil Trading Jargon

The Oil Traders’ Word(S): Oil Trading Jargon | Stefan van Woenzel | Scoop.it
Stefan van Woenzel, book is designed as a communication aid to allow people involved in the global oil trading world including oil traders, operators, contract personnel, claims departments, contro...

Via Nicholas Newman
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Oil Trading Glossary's comment, October 18, 2012 10:47 AM
Great article.