TRAINING INTERNATIONAL OIL TRADING AND PRICE RISK MANAGEMENT
This course is designed to give delegates a comprehensive picture of the markets, risks, and activities involved in the international trading of crude oil and refined products. Delegates will cost deals, calculate trading profits, negotiate a deal, and hedge a trading position in case studies, all using live market prices, as well as learning how to deal with different market structures and conditions and write an oil contract.
What will you learn?
• Negotiate, cost, and compare deals
• Write a contract for the purchase and sale of crude oil and refined products
• Calculate freight costs using Worldscale and charter a ship
• Trade futures, Indonesia swaps and forward markets for hedging and price risk management
• Calculate the profitability of deals
• Identify price risk and hedge
•Manage refinery margin risk
You will understand:
• How prices on the international free markets are established and what influences the markets
• Crude oil and refined product pricing and trading
• How OTC markets trade
• Basic options theory
• Oil trade finance and documentation
• The basic principles of management control
COURSE OUTLINE
Introduction and Review
• Introduction to trading and markets
• Price reporting
Products Trading and Chartering
• Mechanics of trading products
• Freight costs
• Oil broking
• Chartering and Costings
• Comparing alternative outlets
Risk and Exposure
• Risks in trading
• Price exposure
Risk Management Instruments
• Futures markets
• Forward markets
• OTC instruments
• Introduction to options
• Comparison of instruments
Risk Management Techniques
• Hedging with futures
• Hedging with swaps
• Spread trading
• Refinery margin management
Crude Oil Trading
• International pricing of crude oils
• Trading BFOE and DFL/CFDs
Performance and Credit
• Client/counterpart risk
• Documentation
Contracts
• Negotiating a deal
• Writing a contract
• Legal issues
• Tendering
Trading Controls
• Management of trading activities
WHO SHOULD ATTEND?
Anyone wishing to learn about physical and derivative trading and hedging, plus anyone coming into trading from elsewhere in the industry . Those in supply and marketing functions looking for a wider understanding of the market; those in oil companies, banks, law firms, accountancy practices, the media, and elsewhere who interface with traders and trading; those moving into oil markets from the financial markets or elsewhere.
______________________________________________________________________________________________________________________
Kami memberikan alternatif Fasilitas atas Investasi anda dalam Program ini, diantaranya :
- Sertifikat, Peralatan Training, USB, Souvenir, Lunch, Coffe Break, City Tour
- Running minimal 2 Orang (Semarang, Jogja, Solo), Running minimal 3 Orang (Bandung, Jakarta), Running 4 Orang diperuntukan untuk daerah (Bali, Lombok, Manado, Balikpapan)
- Kami menyediakan transportasi antar Jemput dari Stasiun/Bandara ke Tempat Pelatihan(Hotel) bagi perusahaan yang Running minim 2 Orang
- Harga dilampirkan di Brosur Penawaran
______________________________________________________________________________________________________________________
Tambahan Informasi :
1. Silahkan tanyakan ketersediaan Tanggal dan Waktu dari jadwal training terbaru apabila anda tidak menemukan waktu yang sesuai dengan jadwal anda.
2. Training dapat disesuaikan dengan kebutuhan perusahaan jika dalam bentuk In-House Training. Silahkan baca ketentuan In-House Training diwebsite kami atau hubungi kami di Nomer Mobile untuk mendapatkan Fast Respon.
3. Silahkan mengisi Form Request Training di website kami untuk mendapatkan informasi tambahan yang belum ada, atau jika anda ingin menanyakan usulan materi sesuai kebutuhan perusahaan. Hubungi kami lewat email yang tertera atau Register disini!
4. Apabila telah menerima Silabus Training, Customer dapat Request Waktu Training yang diinginkan.
5. Informasi dan Data yang jelas akan memudahkan kami untuk segera merespon permintaan anda.
Customer Dapat Request Tempat, Waktu, serta Fasilitas Training. Silahkan Hubungi kami untuk Menerima Brosur Penawaran.
