£3,750.00

Advanced Oil Trading: Risk and Hedging

19 - 22 November 2024

Dubai, UAE

Introduction
Agenda
Participants
Instructors
Price
Certificate

Introduction

Advanced Oil Trading: Risk and Hedging has been developed as an interactive trading course, facilitated by a trading /educational specialist who has experience, in both physical and derivative trading.

The delegates will get a unique learning experience where oil trading techniques are explained and shared with them. The program will cover trading and market risks, market structures, hedging, technical analysis and options.

Advanced Oil Trading: Risk and Hedging course is not mathematical and will examine technical and options from a non-quant point of view.

The course is interactive with exercises and simulations using realistic data and trading scenarios in the Asian and European markets. The delegates will look at how to hedge the physical positions, considering when to hedge, which is the best instrument to hedge with, and what basis risks they must live within real trading

What will you Learn?

Price Risk Management
Trading Decisions and Market Structure
Arbitrage and Hedging
Options
Technical analysis

Agenda

DAY 1. Price Risk Management

Price Risk Management:

– Understanding Exposure
– Examination of crude oil pricing: Brent Complex, Oman and Dubai
– Swaps: hedging, CFD’s, differential swaps

*Exercises:

– Long, Short or Flat?: understanding price risk.
– Understanding Risk: when does price risk occur?
– Simple hedging with swaps and futures
– Price discovery for crude oil: Brent and Dubai

DAY 2. Trading Decisions and Market Structure

Trading Decisions and Market Structure

– Contango and Backwardation
– Time spreads
– Storage Valuation and Optimisation
– Contango and Carry

*Exercises:

– Understanding Contango and Backwardation
– Using Contango to Store Oil
– Trading Time Spreads on Futures
– Hedging and Liquidity
– Examining how time spreads react to information

DAY 3. Arbitrage and Hedging

Arbitrage and Hedging

– Review of futures, swaps and forwards
– Product cracks
– Arbitrage: natural arbs and trading arbs
– CFD, DFL, EFP and EFS

*Exercises

– Analyzing crack spreads: how will the market react?
– Balancing a portfolio of risk: trade managers and global risk

DAY 4. Options. Technical Analysis

Options

– Introduction to the Black-Scholes Option Pricing Model
– Volatility: historical, real, and implied
– Working with the Greeks
– Vanilla options and option strategies
– Complex and Exotic options
– Using options to trade and trading options

Technical analysis

– What is technical analysis?
– Charting
– Formulas
– Using technical analysis and understanding its value

Participants

This course is designed for traders and market participants who have a basic knowledge of the
fundamentals of oil trading, pricing, and markets.

Course level: Intermediate to Advance

Instructor

Chris

He traded oil and energy in Europe, Africa, the Middle East and Asia during a career that spanned eighteen years.

He has worked for an oil major Total, a top trading company Sempra Energy Trading (Singapore), and investment banks. He has extensive experience in supply and trading for refining systems as well as the challenges of running proprietary physical trading books in Europe, Africa, and Asia.

His experience was rounded out with several years of trading derivatives for investment banks in the Asia-Pacific region. Since leaving trading in 2008 has taught finance and trading at top French business schools, presented corporate training in commodities and energy in France and abroad, and consulted with top European companies on trading and contract arbitration.

He is bilingual in French and English.

Price

Course price

4 Days course fee: £ 3750

What’s included?

Course fee covers:

– Participation in the course
– Course materials in hard copy and e-version
– Lunches and coffee-breaks during the programme
– 32 CPD credits Internationally Recognised Certificate of the International Business House

Payment options

– Bank transfer
– Card payment.

Course Venue

The Advanced Oil Trading: Risk and Hedging course will be held at the Movenpick Hotel Jumierah beach, offering a convenient venue for all participants.

Travel and Accommodation

We provide the convenience of reserving accommodation, which is not part of the delegate package. For further details, please don’t hesitate to contact us by e-mail address (office@ibhouse.net).

“Overall the course was strong. Good enthusiastic presentations and seemed to meet the varied needs of the group. Well done!”

Group Head of Treasury Mercuria Energy Trading

Chris is very knowledgeable and engaging, the perfect person to deliver the trading course. He had some great stories, had a few great laughs.

Senior Trader Noble Clean Fuel Ltd

As, always Training is excellent, full of Anecdotes from a real trader’s life. Chris & staff are so experienced and valuable.

Trading and Operations Officer Milio International

Certificate

Demonstrate your new skills and gain a step up in your career with globally recognised CPD certifications.

Available Locations

Course Date

Clear

*Special group enrolment pricing

Olga Akhramovich
Project Coordinator
+442071834507
olga.akhramovich@ibhouse.net

Choose location & Register today

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IBH Frequently Asked Questions

Online: Choose the course you wish to register: Click the "REGISTER NOW" button in the course page, complete the form and click submit.
Email: Send us your course details with the delegates information at office@ibhouse.net
Telephone: Please call us on our Tel No: +44 (0) 207 183 4507 or Mob No: +44 7932 572866 to reserve your seats.

For corporate fees and group registration, please send your query to office@ibhouse.net

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We will send you the invoice within 48 hours of receipt of registration. If you do not received your invoice within this time, please send us an email office@ibhouse.net

We will send you the confirmation by email within 24 hours after you registration.

Yes. Please send the full name, position and company name of new participant 48 hours before course date.

If you notify International Business House in writing or via email up to 30 days before the start date of the course, you will receive a full refund less an administration fee of 100£ of the course fee. In addition if you are unable to attend, the following cancellation charges will apply for written notice received: 14-29 days before the course: 50%. 1-14 days before: 100%. If you are unable to attend a course, you are welcome to provide a delegate substitution, up to 24 hours prior to the course at no extra charge. If you wish to transfer to a different course a 10% admin charge will be made if the transfer occurs between 10-29 days before the course. If you fail to attend the course on which you are booked and have not given prior notice to International Business House then the course fee will remain payable in full. This cancellation policy is necessary owing to the strict limitation on attendance numbers. IBH reserves the right to amend or cancel any course, course times, dates or published prices. Changes to course prices, times and dates will be advised 30 days before the course

IBH reserves the right to amend or cancel any course, course times, dates or published prices. Changes to course prices, times and dates will be advised before the course start date and any course already paid in full will not be subject to the increased price.

IBH proved delegates with visa support letters once payment has been received.
Please send us to office@ibhouse.net the following information:

Your copy of passport
Company name
Position

If you registered with accommodation IBH will also provide you with hotel booking confirmation. For more information about visa procedure please visit our website or call us +44 (0) 207 183 45 07. Should your visa application be declined, we will provide a full refund of the payment.

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