9-th Oil Traders Summer School

Course review:

The programme looks in detail at both the market and the specifics of trading in oil and individual oil products: specifications, type analysis and quality parameters, main producers, logistics, instruments used to manage risk when trading physical product, major traders and end users.

We offer not just basic models and principles, but specific applied knowledge that can be put straight into practice.

Module 1 – Physical deal from “A” to “Z” and energy derivatives. Fundamental Level.

• Crude Oil and Products Market
• Oil Products (diesel, motor petroleum,
straight run benzenes, fuel oil and feedstocks): price,
quality, logistics, transshipment, buyers
• Oil Refining from Trader’s perspective
• Geographical markets overview
• Pricing
• Legal aspects and contracts
• Trade finance – bank account set-up, letters of credit
• Derivatives trading – futures, options, swaps
• Risk management and hedging
• Logistics – railway, pipeline, marine transport, freight

Module 2 – Towards total trading package. Developing Trends,
Contracts And Trade Flows. Risk Management and Today’s Market Realities. Advanced Level

• The world of real trading and integration of physical
transactions, OTC derivatives or futures
• Assessing price risks – risk analysis before taking
managerial and trading decisions
• Planning of trading and factoring in risk dynamics
• Transformation from illiquid to liquid markets
• Exposure-Risk Management for Oil Enterprises :
Awareness & Appreciation

Amongst annual participants are world’s major oil and gas
companies - TNK-BP, Lukoil, Gazprom Neft, Kazmunaigaz, SOCAR, Caspian Pipeline Consortium, Belneftekhim, Litasco, Belarusian Oil Trading House, EMEX Turkmenistan, Surgutneftegaz, Orlen Lietuva and others.