Dive into the world of petroleum business and economics with this comprehensive first session lecture delivered by Dr. Ibrahim Mohammed. Explore key concepts and principles that drive the oil and gas industry, gaining valuable insights into the economic factors influencing petroleum markets. Learn about supply and demand dynamics, pricing mechanisms, and investment strategies specific to the energy sector. Analyze the global impact of petroleum economics on international trade and geopolitics. Develop a solid foundation for understanding the complex interplay between business decisions and economic forces in the petroleum industry.