Overview of physical crude oil trading and operations
Over five days delegates are coached on trading concepts and trained through computer-enhanced trading simulations. The course has been designed for those interested in a career in trading and all support staff in oil-related roles who wish to gain in-depth knowledge of the front-line trader function, risk management and hedging strategies.
It covers oil market fundamentals together with physical, paper and technical trading concepts plus an introduction to FX trading. Training is structured as interactive presentations followed by work on electronic trading simulations based on realistic market scenarios to emphasise key learning points and to capture the essentials of real and complex trading scenarios. Delegates trade individually with additional opportunities to work in teams and participate in face to face negotiation exercises.
The programme runs with a maximum of 14 delegates to ensure the high level of individual coaching and assessment for which this course is renowned. It is also applicable to all back, middle and front office staff in oil related functions and operations who want to further their understanding of this overview of physical crude oil trading and operations and to excel in their existing role.
The skills and oil trading techniques covered are applicable to many other commodities. By the end of this course you will have achieved a real understanding of the physical crude, product and derivative oil markets, with an ability to appreciate the main drivers of these markets and gained experience in the use of principal trading techniques:.
Our unique world class simulated trading and operations environments allow both individuals and teams to practically apply the knowledge gained from each lecture instantly. Learn about spread trading and how to use these techniques to manage price differences between geographic locations. Use spread trading to manage overview of physical crude oil trading and operations differences between various time periods in a single product market. The mechanisms for shipping and storing crude oil or products and using trading 60 second binary options 101 blog uk 10 quick tips and tricks to exploit arbitrage opportunities.
Learn why and how Dated Brent is used as the most important marker grade in the global oil markets. Use hedging and swaps to mitigate your exposure to market price moves and maintain trading discipline. Learn about how to quantify risk and the methods used for calculation so that you can utilise your trading limits.
Throughout the course, we explore the psychology of trading and look at the optimal mindset for peak performance, drawing on lessons from the overview of physical crude oil trading and operations sporting world. Assessed Professional Oil Trader. What you will learn By the end of this course you will have achieved a real understanding of the physical crude, product and derivative oil markets, with an ability to appreciate the main drivers of these markets and gained experience in the use of principal trading techniques: All the simulations are based on realistic market scenarios and updated continuously.
Time Spreads Use spread trading to manage price differences between various time periods in a single product market. Physical Oil Products Trading Detailed review of the physical product markets and how they are priced and traded. Physical Crude Oil Trading Detailed review of the physical crude market and how crude oil is traded around the world.
Brent Instruments Learn why and how Dated Brent is used as the most important marker grade in the global oil markets. Creative Technical Analysis The art and science of predicting future price moves based on past price patterns. Market Value at Risk MVaR Learn about how to quantify risk and the methods used for calculation so that you can utilise your trading limits.
Options Learn what options are, what they are used for, and how to use them in your trading portfolio. Mindset for Performance Throughout the course, we explore the psychology of trading and look at the optimal mindset for peak performance, drawing on lessons from the professional sporting world.
Course Details Course Type 5 day residential trading account definition and example. What our clients say A very focused course — great as everything linked together so well.
The pressure was high and it felt like trading with real money. I will overview of physical crude oil trading and operations back to the office as a much stronger team player. Assessed Professional Oil Trader Courses starting soon.
This highly interactive and intensive two-day physical crude oil and products trading course will provide the attendees with a comprehensive understanding of the US and international physical oil trading business from the perspective of both the trader and the supply analyst. On day two the program focuses on making money. EMI will present approaches that work for physical trading as well as for valuing and relating both physical crude overview of physical crude oil trading and operations and products back to the refinery gate.
The program also includes a very exiting simulated trading exercise. Crude oil and products supply and demand. Crude oil evaluation and selection. Oil refining and products. Discussion of various pricing mechanisms. Physical oil markets and pricing. Comparison of physical and financial trading. Refinery trading and supply.
Approach to trading physicals. Learn about supply and demand for crude oil and products. Understand the principles of crude oil evaluation and selection.
Develop your knowledge of oil refining and products. Explore physical oil markets, pricing formation, shipping, operations and contracts. Gain knowledge about futures, swaps, options and Over-The-Counter markets.
Become familiar with trading techniques, terminology, hedging and physical trading. Develop expertise in management of market exposure and overview of physical crude oil trading and operations risk.
Improve your negotiation skills. Understand the commercial aspects of the downstream oil business. This course is designed for people working in: Oil trading Risk management Supply, transport and operations Sales and marketing Energy purchasing Refining Management and financial accounting Strategic planning and economics Analysis.