Crude Oil and Product Trader Programme (Simulated Trading Based)

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 (see video overview below) that ensures practical hands on experience of 'real market scenarios' in a unique three day learning experience.

Click here for the full course overview page.


Course Information

Price £2500.0 + VAT
Duration 3 days
Location London
Available Dates
2017-11-15 00:00:00.0  Register Now
2018-05-16 00:00:00.0  Register Now
2018-11-14 00:00:00.0  Register Now

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.

Booking Information

Tel: +44 (0) 20 7065 7706

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