Course Objectives

You will review the key market drivers for the Global Oil markets; the derivative markets that can help manage the volatility in the markets, and gain insight and practical guidance on how to manage yourself as a trader in the markets with the help of our experienced training team. You will learn practical application of market price analysis techniques and how to apply them in scenarios for the improvement of supply chain management, trading, and improving margins as an exported and importer. All of this practical skill tested during the course in virtual trading games and exercises.



Who Should Attend

Management, traders, shipping and supply chain management personnel, finance, risk management, contract negotiators, terminal operators, international market analysts and forecasting personnel, etc.



Prerequisites Courses

None



Course Overview

Global Energy Markets

Market outlook balance 2015/2016 supply demand drivers

Review of energy price behaviour

Forward curve analysis

Using different derivative instruments
key crude oil and gas pricing indexes and arbitrages

Types of strategies and approaches

Strategy case studies: ICE Brent vs ICE WTI, Brent vs Dubai Oman crude

Key risk parameters
Review of derivative markets and contract

Clearing of trades

Financing of hedging positions

Swaps

Futures

Options

Hedging to Protect revenues

Strategy Workshop: End User, Producer, Utility, Physical trader scenario, Options & Risk management Approaches

Using energy options: hedging

Review of option types

Understanding option payoffs, risk management, market risk management in energy markets, managing the trading Emotions

Communication skills

Market conspiracy - you versus the market

Oil price tactical analysis for hedging and trading

Trading ranges

Analysing Spread Charts

Trading Methodologies & Approaches
Analysis techniques of Physical Oil Data PLATTS

Hedging simulation game - Group Exercise

Delegates will operate an integrated oil company, operating storage, hedging price risk, and an operating refinery, reacting to live news feed.

Hedging to Protect revenues

Strategy Workshop: End User, Producer, Utility, Physical trader scenario, Options & Risk management Approaches

Using energy options: hedging

Review of option types

Understanding option payoffs, risk management, market risk management in energy markets, managing the trading Emotions

Communication skills

Market conspiracy - you versus the market

Oil price tactical analysis for hedging and trading

Trading ranges

Analysing Spread Charts

Trading Methodologies & Approaches

Analysis techniques of Physical Oil Data PLATTS

Hedging simulation game - Group Exercise

Delegates will operate an integrated oil company, operating storage, hedging price risk, and an operating refinery, reacting to live news feed.

Trading in live with market - applying analytics in short term market. Beat the Platts pricing window

Hedging to Protect revenues

Strategy Workshop: End User, Producer, Utility, Physical trader scenario, Options & Risk management Approaches

Using energy options: hedging

Review of option types

Understanding option payoffs, risk management, market risk management in energy markets, managing the trading Emotions

Communication skills

Market conspiracy - you versus the market

Oil price tactical analysis for hedging and trading

Trading ranges

Analysing Spread Charts

Trading Methodologies & Approaches
Analysis techniques of Physical Oil Data PLATTS

Hedging simulation game - Group Exercise

Delegates will operate an integrated oil company, operating storage, hedging price risk, and an operating refinery, reacting to live news feed.

Trading in live with market - applying analytics in short term market. Beat the Platts pricing window

Trading in live with market - applying analytics in short term market. Beat the Platts pricing window

Course Materials


Course Notes, Case studies etc