Are you looking to dive deep into the world of oil trading? Welcome to LPC’s immersive " Mastering Oil Trading Concepts" course! This exciting journey is meticulously crafted to elevate your comprehension of the complex realm of oil trading and empower you to cultivate advanced skills essentials to master trading skills.
Your journey with LPC will last for 5 days. It’ll begin by understanding the basics of refining crude oil, including crude evaluation, refinery process optimization, the economics of product bending. From there, we'll discover the oil pricing techniques and the effect of oil logistics on the price. Then, we’ll discuss hedging principles and strategies for risk management. Also, we’ll go through the world of crude oil markets as we’ll discover the structure of these markets, forward curves and financial models for price behavior. Finally, you’ll learn advanced trading strategies as well as trading ethics and compliance in oil markets.
Join LPC in this enriching journey and transform your understanding of oil refining and trading. Sign up today and take control of your future in the oil industry!
By the end of this course, participants should be able to:
- Evaluate different crude oil using techniques such as linear programming, netback calculations, marginal value, etc.
- Analyze factors that affect the quality and price of crude oil
- Understand how to optimize refinery processes and how to implement economic principles to product blending
- Master oil pricing techniques of spot and term contracts
- Access and interpret price information from various sources in the oil market
- Assess the impact of logistics and storage on oil pricing
- Utilize hedging strategies to manage price risks
- Understand crude oil forward and OTC derivative markets
- Master future trading practicalities
- Understand trading constraints imposed by regulations and corporate policies
- Maintain ethical behavior and regulatory compliance throughout oil trading activities
- Refinery Operators and Engineers
- Crude Oil Traders
- Supply Chain Managers
- Financial Analysts
- Risk Managers
- Energy Economists
- Commodity Traders and Brokers
- Investment Bankers
- Corporate Strategies
- Energy Consultants
- Logistics and Transportation Professionals
- Lawyers
- Oil Market Analysts
- Energy Procurement
- Executives and Managers
- Compliance Officers
- Anyone New in the Oil Industry