Oil Trading Summer School
17 August 2012
9th Oil Trading Summer School 2012
One of reasons why people go to Netherlands is participation in the Oil Trading Summer School
workshop. ExpoPromoter offers you to visit Oil Trading Summer School, which will take place on 2012, July, 30 in , Amsterdam.
Organizers did their best to make this workshop pleasing and interesting for visitors, and appropriate for participants to be able to present their goods, ideas or services completely and effectively. Visiting Oil Trading Summer School you get the possibility to learn about current tendencies, meet your future colleagues, partners and clients. Read about the event, find and book a hotel near its venue using ExpoPromoter.
About Oil Trading Summer School
The concept - an intensive summer educational programme examining in depth the world of trading in oil, oil products, gas and energy derivatives - was developed and introduced in 2004 and has been continuously improved to meet the demands of the market. The programme is created and improved by experts who are directly involved in energy trading and operational support. Confidence Capital's London Oil Traders Summer School is a key element in the Russian Ministry of Energy's International Oil Trading and International Oil-Products Trading professional education programmes, attesting to its high quality. On completion of the Summer School, participants receive a state-recognised certificate. The programme does not just introduce participants to the basic principles of trading in oil, oil products and derivatives, but also includes enormous amounts of information on market sectors, specific products and geographical regions, as well as the specific skills needed in day-to-day work.The programme looks in detail at both the market and at the specifics of trading in oil and individual oil products: specifications, type analysis and quality parameters, where it can be produced, the details of logistical organisation, instruments used to manage risk when trading physical product, and major traders and end users.
PARTICIPANTS IN THE LONDON OIL TRADERS SUMMER SCHOOL WILL DISCOVER:• how to work with vertically integrated companies; how crude oil is transported;• how to buy particular products, how to assess quality and establish a price, how to transport and tranship it, and who to sell to;• how to finalise contracts, which legal regimes to use, and which arbitration and jurisdictional clauses to use and why;• how to finance operations, how to open bank accounts, how to deal with accreditation (documentary/guarantees), how to obtain bank resources for hedging, and how to avoid pressure on cash flows;• how to correctly determine pricing risk and VAR on specific deals, how to choose hedging instruments, and how to calculate load margins;• how to work with railways, how to use the fleet, how to work with freight-forwarders and carriage operators, the advantages and risks of optimisation and forwarding schemes, and "break-up rates";• how to work with terminals and transhipment, understand and calculate the cost of storage, and legal and procedural aspects;• how to charter tankers and understand charter parties, understand tanker markets and minimise delays and demurrage.
+44 (0) 20 8349 1999
+44 (0) 20 8349 2999
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