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New Book Explains Principles of Oil Trading, Logistics, Refining

By: Jul. 04, 2013
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Author Stefan van Woenzel demystifies the often obtuse and confusing language surrounding oil trading, logistics and refining in his informative guidebook, "The Oil Traders' Word(s): Oil Trading Jargon" (published by AuthorHouse).

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"This book helps to understand the discussion in the oil business," van Woenzel explains. "All definitions related to oil trading, logistics and refining are explained here. This book is written from practice, straight from the trading desk, it is not a theoretical schoolbook."

Drawing on more than 25 years of experience working in the oil business, van Woenzel packs a wealth of information into a comprehensive tome spanning more than 550 pages. Along with definitions and clarification, he gives real-life examples to help readers apply the principles he discusses to their own lives.

Van Woenzel explains his book's particular relevance:

"Oil streams are changing, the USA will import less crude and can supply itself. Logistics will change and also the trading behavior. The discussion about the oil trade and logistics becomes more important. We all see it happen so fast, the market needs to be ready to respond on the changes. Oil trading margins are extremely low, logistics will be more important and the requirements on how to work safe and in an environmental friendly manner will challenge the readers. The oil business has a big responsibility to make it work."

"The Oil Traders' Word(s)"
By Stefan van Woenzel
Hardcover | 6 x 9 in | 560 pages | ISBN 9781468586039
Softcover | 6 x 9 in | 560 pages | ISBN 9781468586046
E-Book | ISBN 9781468586053
Available at Amazon and Barnes & Noble

About the Author
Stefan van Woenzel is a Dutchman born in Rotterdam in 1967. He has worked in a variety of positions in the oil market field, including gasoline trading, heavy fuel oil trading, crude oil trading, crude business development and as oil terminal logistics specialist. More information is available at http://www.woenzel.com.



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