Oil Supply and Trading Silver Courses

In this introductory workshop, delegates will gain an in-depth understanding of how the physical crude oil trading market works. Besides an invaluable exposure to terminology, each delegate will experience all the steps in typical domestic and foreign crude oil transactions. We’ll explore the linkage between new well production, marketing, transportation and storage, as well as refining to physical trading (both speculatively and as a hedge vehicle).

This three-day workshop is ideal for non-traders wishing to know more about the world of oil trading, or for delegates who are at the very beginning of an oil trading career. Delegates will learn the terminology and key building blocks of knowledge for crude oil and petroleum product trading. They will also get a flavor of what a trader's job involves, through competitive team trading simulations focusing on different aspects of trading and risk management. Topics explored include crude oil quality, product refining, blending and specifications, market fundamentals, technical analysis, key trading strategies, pricing mechanisms, derivatives trading, risk management and the mechanics of trading and operations.

Those who attend will learn how companies search for crude oil and natural gas (exploration) and about how the material is brought up from underground (production). In addition, attendees will learn the basics of petroleum refining, transportation by vessel, pipeline, and truck, and be exposed to refined product marketing. Some discussion of the trading of physical crude oil and refined products is included in this course as well as the basics of "paper" trading.

This two-day workshop provides an introduction to the supply value chains and trading of oil, gas, coal and power. The course also covers the basics of the emissions trading market. Topics explored include quality issues, market fundamentals, trading patterns and locations, pricing mechanisms and transportation.

The course is designed to give an overview of worldwide energy markets, but its focus is the Asia-Pacific market.

The course is highly interactive and delegates will get the chance to participate in exercises, case studies and physical trading simulations.