International Oil Trading: Physical & Paper: A 2-Day Virtual Course

2 Half-day Sessions of 4.5 hrs each
10am to 12pm and 12.30pm to 2.30pm Bahrain Time

Location: Virtual

Venue: Virtual

Starts: 30 Nov 2020

Ends: 01 Dec 2020

Type: Course

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Course Objectives

This introductory course in oil trading covers both crude oil and refined products trading and will guide all delegates through the fundamental principles of oil trading and price risk management. It will cover how prices are established and the importance of timing as oil markets are so price volatile.

Learn about how these markets work, how to adapt to changing market conditions and how to deal with price uncertainty.

Four Modules Covering Crude Oil & Refined Products Trading

+ Day One: 30 November 2020

10am to 12pm

Module 1:

  • Global Oil Trading
  • Oil Pricing
  • Shipping

12.30pm to 2.30pm

Module 2:

  • A Deal
  • Differential trading
  • Exposure

+ Day Two: 1 December 2020

10am to 12pm

Module 3:

  • Futures exchange
  • Swaps

12.30pm to 2.30pm

Module 4:

  • Clearing
  • Hedging
  • Management control

Course Duration in Different Time Zones

  • 10am to 12pm and 12.30pm to 2.30pm – Bahrain/Kuwait/Saudi Arabia
  • 11am to 1pm and 1.30pm to 3.30pm – UAE/Oman
  • 2pm to 4pm and 4.30pm to 6.30pm – Thailand/Vietnam/Cambodia/Indonesia
  • 3pm to 5pm and 5.30pm to 7.30pm – Singapore/Malaysia/Hong Kong/China
  • 7.00am to 9.00am and 9.30am to 11.30am – London/Ireland/Portugal/Ghana

What You Will Learn

  • Review the shipping industry and the use of Worldscale in fixing vessels and calculating freight costs
  • Learn the business of doing a deal with all the trading jargon
  • Examine the criticality of price exposure & the need to hedge
  • Understand the mechanics of hedging and evaluate different hedging instruments
  • Analyze the use of oil futures & swaps and their differences
  • Assess the importance of clearing trades and legal aspects of oil trading
  • Identify the importance of management control of the trading function

Course Director


Who Should Attend

Crude & Refined Product Traders

Pricing & Risk Managers


Planning & Economic Managers

Middle & Senior Managers

Business Development Managers

Corporate & Strategic Planning Managers

Sales & Marketing Managers

Business Originators

Corporate & Strategic Planning Managers

Commercial Managers

Demurrage & Claim Managers

Supply Operations Managers

Channel Optimization Managers

Refinery Planners & Schedulers

Procurement & Purchasing Managers

Finance & Revenue Managers

Analysts – Market, Credit, Business, Financial, Power, Trading, Marine & Commercial


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+65 6338 0064
+65 6338 4090

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