ABOUT US
IBA is a trade association of Indian brokers providing conferences, professional designations and networking opportunities.
Formed in 1983, IBA is the largest non-profit association specifically formed to meet the needs of people and firms engaged in various aspects of business brokerage, and mergers and acquisitions.
Today, the IBA has more than 1,500 members in all parts of the india.
The primary profile of oil brokers is to identify potential buyers and sellers of crude oil. These individuals work like commodities brokers and may choose to buy or sell oil futures on a commodity exchange. The exchange could be an open-outcry trading floor or a digital exchange using the Internet. Some of the oil brokers communicate directly with the oil companies to buy the crude oil for instant deliverance. The basic goal of an oil broker is to bring together the buyers and sellers of crude oil and earning an income from trades that are successfully executed.
Marketing of various oil products and the by-products
Acting as a negotiator between the buyers and sellers and assisting in closing the transaction
Arranging and facilitating the buying and selling of oil products
Developing relationships with the various buyers and sellers of crude oil and other oil products
Tracking the market movements, analyzing the trends, and following the financial news
Quick decisions based on the available market information and financial data
Communicating with other personnel, buyers, and sellers
Most of the individuals who succeed as oil brokers hold a degree in business or finance with a specialization in commodities trading or energy trading. Some potential incumbents procure a degree in economics while others may choose a degree in energy management. Additional training that helps developing an individual’s mathematical skills and analytical abilities is beneficial to becoming an oil broker. Training in being able to communicate in different languages is a big advantage for an oil broker.
IBA is a trade association of Indian brokers providing conferences, professional designations and networking opportunities.
Formed in 1983, IBA is the largest non-profit association specifically formed to meet the needs of people and firms engaged in various aspects of business brokerage, and mergers and acquisitions.
Today, the IBA has more than 1,500 members in all parts of the india.
The primary profile of oil brokers is to identify potential buyers and sellers of crude oil. These individuals work like commodities brokers and may choose to buy or sell oil futures on a commodity exchange. The exchange could be an open-outcry trading floor or a digital exchange using the Internet. Some of the oil brokers communicate directly with the oil companies to buy the crude oil for instant deliverance. The basic goal of an oil broker is to bring together the buyers and sellers of crude oil and earning an income from trades that are successfully executed.
Marketing of various oil products and the by-products
Acting as a negotiator between the buyers and sellers and assisting in closing the transaction
Arranging and facilitating the buying and selling of oil products
Developing relationships with the various buyers and sellers of crude oil and other oil products
Tracking the market movements, analyzing the trends, and following the financial news
Quick decisions based on the available market information and financial data
Communicating with other personnel, buyers, and sellers
Most of the individuals who succeed as oil brokers hold a degree in business or finance with a specialization in commodities trading or energy trading. Some potential incumbents procure a degree in economics while others may choose a degree in energy management. Additional training that helps developing an individual’s mathematical skills and analytical abilities is beneficial to becoming an oil broker. Training in being able to communicate in different languages is a big advantage for an oil broker.