International Business House

International Business House is the trusted global provider of business intelligence through conferences and training to the world’s leading OIL & GAS businesses.

 


•  OPEN TRAINING  •

 


•  IN-HOUSE TRAINING  •

 



COURSE: Physical Oil Trading & Operations

11 – 14 March 2019, Dubai, UAE

PROGRAMME:

Fundamentals of the Oil Industry

Physical Trading of Crude Oil and Oil Products

Oil Prices and Oil Markets

     Exercise: Hedging jeet fuel in tank in Jebel Ali
     Exercise: Arbitrage trade: diesel oil from Arab Gulf to Europe

Contracts and Negotiation 

     Exercise: Checking deals and contracts

     Exercise: Understanding the value of tolerance
     Exercise: Force Majeure

Risk and Risk Management in Trading 

     Exercise: Identifying risks in a deal

     Exercise: Working with a Letter of Credit: Steps to follo

Shipping and Operations 

     Exercises: Calculating shipping costs

      Exercises: Calculating Worldscale rates and freight invoices

       Exercises: Understanding Demurrage: What counts as laytime?
                         Case study: Loading and discharging a cargo
                         Calculating demurrage

       Exercise: Choosing a ship.

 

Trading Simulation Game: Refiner vs. Trader
A short simulation designed to integrate the knowledge gained over the course and allow participants to try their hand at negotiating a deal.  Participants will take the role of a trader or a refiner and work in teams to understand and negotiate a deal.

 


INTRODUCTION   LECTURER BIOGRAPHY  REGISTER NOW


« back