Oil Trading and Operations Course 1st to 3rd February 2012, Geneva
Posted by CEAG Ltd on Tuesday, September 27, 2011
Location
Thomson Reuters Offices, Geneva, Switzerland
Link
www.ceag.org/LinkCli.......2foXW26s%3d&tabid=84
Full Details
The Consilience Energy Advisory Group Ltd is very pleased to invite you to attend its three-day oil training event, based at the Thomson Reuters premises in Geneva. The course will cover Oil Operations as well as Trading and is designed so that delegates can choose to attend one, two or all three days.
Day One: Will provide an in-depth understanding of shipping operations, nomination procedures, cargo documentation and demurrage. It will explain the structure of contracts and the content of industry standard general terms and conditions of trade, including the use of letters of credit to guarantee payment. It will demonstrate how shipping operators and traders can work together to achieve the best results.
Days Two and Three: Will introduce refining processes and techniques and the supply of, and demand for, refined products, explaining the relative value of different grades of crude oil. It lifts the lid on trader jargon and details trading techniques and contracts. It examines the oil price formation process in detail, include the impact of the volatile freight markets to hedge the physical oil price and analyses the different types of basis risk encountered in the market. It will draw the lessons learned in all three days together with a thorough explanation of refining margins and how to lock them in by hedging oil, oil products and freight.
The course contains many fully worked case studies and, as well as appealing to new entrants to the market, both in the area of Operations and Trading, also serves as a valuable means for familarising staff from financial, legal and other disciplines with the activities of their trading team.
How to Book
Online: http://www.ceag.org/ceagstore.html
By email: sarenasteeds@ceag.org
By phone: +44 (0) 207 928 1222
By fax: +44 (0) 207 401 3838
By post: CEAG Ltd, 311 East Block County Hall, Forum Magnum Square, London, SE1 7GN, UK
Category
Training Courses