Introduction to Oil Trading & Price Risk Management

Participants to this Introduction to Oil Trading & Price Risk Management training course will receive a thorough understanding on the subjects covered by the training course outline with the tutor utilising a variety of proven adult learning teaching and facilitation techniques. Training course methodology includes PowerPoint presentations short videos, case studies as well as active discussions.

At the end of this Introduction to Oil Trading & Price Risk Management training course, you will learn to: 

• Review the different oil trading markets by type of transaction
• Review the different types of contracts: long term, spot and forward
• Understand how crude oil and petroleum products are traded
• Understand the pricing mechanism of crude oil and petroleum products
• Comprehend hedging techniques available for protection against fluctuations in prices
• Understand the principle of financial derivatives products like Swaps and Options

It is geared towards all personnel in the petroleum or associated industries needing to improve their knowledge and understanding of crude oil and petroleum product, trading and pricing mechanisms.

This Gulf Rowad training course is suitable to a wide range of professionals but will greatly benefit:

• All personnel in the petroleum or associated industries needing to improve their knowledge and understanding of crude oil and petroleum products trading and pricing mechanisms
• Petroleum economists
• Oil and Gas business students
• Energy industry journalists and reporters
• Businessmen and financiers
• Traders & Brokers

Organisational Impact

After this training course, the organisation’s employees will be better capable of analyzing and assessing the crude oil and petroleum product markets, and how both physical and financial markets are organised. Crude oil and its derivative product trading and pricing will be extensively studied and analyzed.

The organisation will gain knowledge on:

• The principle of financial the physical futures markets
• The operation of the physical and financial oil markets
• The impact of the shale industry
• Trends in carbon emissions and carbon trading
• Crude oil and petroleum product trading
• Petroleum products price setting mechanisms

Personal Impact

Participant will be able to develop a deep knowledge with strong practical application in the following:

• Different strategies international oil trade
• Trading on the oil markets
• The spot markets
• Basic refining economics
• Petroleum products price setting mechanism 
• Derivative products, swaps, and options