Course description
ICE Education bring their expertise in the physical oil, oil product markets and electronic trading together to bring to you this new and innovative programme that utilises a revolutionary trading simulator that ensures practical hands on experience of 'real market scenarios' in a unique three day learning experience.
Upcoming start dates
1 start date available
Suitability - Who should attend?
- If your work is affected by the changes to the international price of oil
- oil industry staff working supply, trading risk management, refining, finance, transportation and E&P
- Oil trading and distribution companies
- Energy-related government departments
- Purchasing, planning and finance departments in major energy consumers
- Energy publications
- Bankers, accountants, auditors and others associated with oil companies and oil financing.
Training Course Content
Day One
- Introduction
- Basics of Oil markets and Trading Best Practice
- Brent - Futures, BFOE and Dated Brent
- BRENT TRADING SIMULATION
- Physical products
- PHYSICAL PRODUCTS FOB/CIF TRADING EXERCISE
- Physical crude
- NORTH SEA CRUDE CARGOES TRADING SIMULATION
Day Two
- Refining
- RUNNING A REFINERY SIMULATION
- Forward markets and time spreads
- TIME SPREADS SIMULATION
- Storage Optionality and Optimisation
- STORAGE TRADING SIMULATION
- Trading futures using Technicals
- TECHNICAL CHARTING SIMULATION
Day Three
- Hedging & floating prices
- HEDGING PRODUCTS CARGOES SIMULATION
- Geographies and arbitrage
- GAS OIL SPREADS SIMULATION
- Freight and hedging arbitrage
- Worked example
- Introduction to final simulation
- TRANS-ATLANTIC CRUDE ARBITRAGE
Request info
ICE Education
5th Floor, Milton Gate, Chiswell Street
EC1Y 4SA London
Intercontinental Exchange - Open Courses in Commodities and Financial Markets
Intercontinental Exchange's diverse markets span futures and options on interest rates, commodities, indexes and FX, as well as equities and equity options. These markets are relied upon by international market participants, along with our post-trade infrastructure. ICE is uniquely positioned...
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