This book discusses the art and science of economic decision making. It combines logical thinking with analytics, economics, and finance to draw decision insights for the upstream petroleum projects. The book offers useful analysis skills for practitioners in industry, including analysts,...

Recent developments in the oil prices have created new opportunities for trade. When the crude oil price is in contango, it may be profitable to enter into a forward contract and sell oil in the future for a delivery price higher than the current spot price. However, to take advantage of this...