Oil Price Risk Management

This intensive and interactive course focuses on the price risks involved in trading oil on the international markets. The course identifies the price risks involved and the use of exchange traded and OTC instruments in managing risk. You will compare the advantages and disadvantages of futures and OTC instruments and review the different trading procedures available and the profiles of the different hedgers in the market.

 

Course Objective

This will enable the participants to know how to manage oil prices and all the risks associated with it.

 

Course Content

Review of pricing mechanisms

• Fixed, floating, EFP’s
• Physical vs forward vs futures
• The value of the differential

Understanding exposure

• When does price risk begin?
• Actively managing price risk
• What is hedging?

Hedging instruments

• Futures vs. swaps vs. options

Hedging with exchange traded products

• As a producer
• As a refiner
• As a consumer

Hedging with OTC products

• The underlying
• Rateable exposure

Comparative analysis

• Which instrument to use when and why?

 

Who Should Attend?

• Anyone who is affected by the changes in the international price of oil
• Oil industry personnel working in supply, trading, risk management, refining, finance, transport, exploration and production
• Oil trading and distribution companies
• Energy-related government departments and regulators
• Purchasing, planning, and finance departments in major energy consumers
• Energy publications
• Bankers, accountants, auditors and others associated with oil companies and oil financing

 

 

Duration: 5 Day

Course Fees (VAT Included)

Lagos/PH/Abuja: ₦ 483,750.00

UK/US/Ghana/Dubai: $4,837.50

TRAINING PACK 

• Award of Certificate.
• Professional Training Materials

 

REGISTRATION PROCEDURE

1. Go to “Register Now” button and fill the form and send it. You will get “message sent” if it is successful.
2. You will get confirmation of your registration within two working days when you will be asked to go ahead and make payment.
3. Go ahead and make payment.
4. Send your name, phone number, email address, training location, amount paid to info@sbtpetroleum.com.ng OR SMS to +2349098171437.
5. Upon confirmation of your payment, an electronic receipt will be sent to your mail.
6. A joining instruction will be sent to you at least 72 hours before the training date an time.
7. Looking forward to training date to commence your training. However, if a need to change the dates of the training arises, you will be notified immediately. This may be due to unavailability of the instructors or due to unavoidable logistic challenges.

 

ACCOUNT DETAILS

NAIRA ACCOUNT

BANK:                           ECOBANK

ACCOUNT NAME:       SBT PETROLEUM GEOSCIENCE LIMITED

ACCOUNT NUMBER:  1613062169

BRANCH:                     Chevron Branch

SORT CODE:               050150340

 

DOLLAR ACCOUNT

BANK:                           ECOBANK

ACCOUNT NAME:       SBT PETROLEUM GEOSCIENCE LIMITED

ACCOUNT NUMBER: 1613062183

BRANCH:                     Chevron Branch

SORT CODE:               050150340