20-21 May 2024
|GBP 1,850 (CT-ALDN24-05)
12 Apr 2024
*Prices do not include VAT, GST, or any other local taxes. All applicable taxes will be added to the invoice.
**Please register by the deadline to help us ensure sufficient attendance and avoid postponing the course.
Overview of Physical Crude Oil Trading and Operations is a two-day instructor-led course presented by the energy training experts at Mennta Energy Solutions. This course provides an introduction to the trading of physical crude oil. Delegates will gain an understanding of the knowledge possessed by a physical crude oil trader and the steps involved in negotiating a physical crude oil transaction. In addition, delegates will be given an overview of crude oil quality, vessel and pipeline transportation, and the terminology associated with this facet of the petroleum industry. Energy futures contracts and over the counter instruments are also covered in this course offering. There are periodic quizzes and a trading game in the course, and these reinforce the course material.
This course is designed for those individuals new to the crude oil trading area and anyone interacting with crude oil trading personnel in their company. Specifically, operations, mid-office and back office employees would benefit from the material offered in this course. The course assumes no prior crude oil trading experience.
Crude Oil Characteristics
Crude Oil Pricing
Reasons For Trading Physical Crude Oil
Influences on Crude Oil Trading Decisions
Crude Oil Price Drivers
The Art of the Trade
Crude Oil Operations, Credit, and Legal