Understand the mechanisms of market pricing, trading & price risk management, including adapting to changing market conditions and how to deal with price uncertainty. Register for this training course at www.cconnection.org/events/iot today!
To be held from 28-30 August 2018 at Hotel Jen Tanglin, Singapore, the IOT course will guide delegates through the fundamentals of oil trading, allowing them to learn how to follow a deal from beginning to end, from negotiation to writing a contract, calculate shipping & other costs, determining the risks and how to manage them.
Forum Agenda Highlights include:
- The role of international oil trading
- How to structure and negotiate a physical oil deal
- Determining and managing the risks of a deal
- Measuring price exposure and how to hedge
- Using swaps & futures and other trading techniques
- Comparing deals and calculating profitability
Course Methodology
The course will be conducted with practical aspects in a predominantly workshop environment, working in small groups, on frequent case studies, to develop an understanding of trading practices and risk. Wherever possible, real oil market prices and live market conditions will be used in case studies.
Your Course Directors
Daniel Carr & Sally Clubley, both Oil Consultants, have run internationally, courses and modules on oil trading and price risk management. Daniel was a founding director of International Petroleum Exchange (now ICE), Vice President of International Affairs at the New York Mercantile Exchange and director of ED&F Man’s Oil broking business in London & New York. Sally is author of Trading in Oil Futures and Options and has contributed to various books and journals in the energy & derivative fields. Previously on the board of the International Petroleum Exchange, she is the managing partner of Arktauros, a consultancy company specializing in price risk management in the energy industry.
