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5-Day Training Course

Introduction to Oil Trading & Price Risk Management

Course Overview

Crude oil and petroleum products are considered among the world's most important resources. The fossil fuel industry has a pivotal role in driving the global economy. Crude oil and the petroleum products derived from it, plays an important part in the economic activity of all nations. Petroleum itself is used for numerous products, that include petrochemicals, medicines, cosmetics, and thousands of other products used in our daily lives, in addition to serving as the world's primary fuel source.

This Introduction to Oil Trading & Price Risk Management training course is designed to provide you with a complete understanding of the financial and physical and markets for crude oil and petroleum products. The economic framework of the oil industry is studied in detail with a particular reference to economic slowdown caused by pandemics. In addition, as the oil industry faces challenges related, the impact of the shale industry as well as new regulations in curbing carbon emissions will be examined on the oil producing and consuming nations.

This Energy Training Centre training course will highlight:

  • Crude & petroleum products physical trading 
  • Market price strategies
  • Concepts in oil trading 
  • Petroleum products price setting mechanism 
  • Exchanges & futures trading 
  • Derivative products swaps and options

Course Objectives

At the end of this Introduction to Oil Trading & Price Risk Management training course, you will learn to: 

  • Review the different oil trading markets by type of transaction
  • Review the different types of contracts: long term, spot and forward
  • Understand how crude oil and petroleum products are traded
  • Understand the pricing mechanism of crude oil and petroleum products
  • Comprehend hedging techniques available for protection against fluctuations in prices
  • Understand the principle of financial derivatives products like Swaps and Options

Training Methodology

Participants to this Introduction to Oil Trading & Price Risk Management training course will receive a thorough understanding on the subjects covered by the training course outline with the tutor utilising a variety of proven adult learning teaching and facilitation techniques. Training course methodology includes PowerPoint presentations short videos, case studies as well as active discussions.

Who Should Attend

It is geared towards all personnel in the petroleum or associated industries needing to improve their knowledge and understanding of crude oil and petroleum product, trading and pricing mechanisms.

This Introduction to Oil Trading & Price Risk Management training course is suitable to a wide range of professionals but will greatly benefit:

  • All personnel in the petroleum or associated industries needing to improve their knowledge and understanding of crude oil and petroleum products trading and pricing mechanisms
  • Petroleum economists
  • Oil and Gas business students
  • Energy industry journalists and reporters
  • Businessmen and financiers
  • Traders & Brokers

Course Curriculum

  • Introduction to Upstream Oil & Gas Industry
  • Oil & Gas Reserves, Production, Consumption & Trade
  • The Impact of The Shale Industry
  • Trends in Carbon Emissions and Carbon Trading
  • Basic Refining and Refining Complexity
  • Refining Economics 
  • Different Strategies
  • International Oil Trade 
  • Anatomy of The Crude Oil Pricing System
  • Prices on The Oil Markets
  • Hedging – Risk Management 
  • Trading on The Oil Markets
  • The Spot Markets
  • Spot Crude Oil Prices
  • The Brent Market
  • Indexing Crude Oil Prices 
  • How are Prices Reported?
  • The Physical Futures Markets
  • The Financial Futures Markets
  • The Historical Development of The Petroleum Exchanges
  • Futures Contracts
  • Pricing Structures: Backwardation and Contango
  • The Limitations of The Futures Markets 
  • The Definition of An Option
  • The Cost of An Option
  • The Definition of a Swap
  • The Historical Development of The Petroleum Exchanges
  • USA, UK, Singapore and African Countries

Certificates Awarded

Certificate of Completion

After successfully completing this training course, participants will be awarded The Energy Training Centre Certificate of Completion — a respected validation of their dedication to continuous learning and professional excellence. This certificate signifies that participants have gained the essential knowledge and skills required to make a measurable impact in their field.

Upcoming Sessions
Dubai, UAE
Live Virtual Session
London, UK
Live Virtual Session
London, UK
Dubai, UAE
Live Virtual Session
London, UK
London, UK
Live Virtual Session
Didn’t Find Your Preferred Dates or Location?
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Frequently Asked Questions

Our training courses are conducted at partnered hotels located within the specified training areas. Please note that venue assignments may vary based on availability. For the most current information, do not hesitate to contact us at [email protected].

Yes, we do. We provide tailored training courses designed to meet the specific requirement of larger group of individuals. These customized training courses can be conducted both classroom and online formats, allowing you the flexibility to choose you preferred dates and duration.

Please contact us at [email protected] to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

Upon successful completion of the training course, you will receive The Energy Training Centre Certificate of Completion with corresponding learning hours.

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at [email protected]

We offer two convenient payment options:

  • Bank Transfer – You can make payment via bank transfer. Once your registration is confirmed, you will receive an invoice with the banking details for the transfer. We would require you to supply a swift copy for us to confirm receipt of funds.
  • Payment Link – Alternatively, we provide a secure payment link that you can use to complete your payment after your registration has been confirmed.

Upon receiving your registration details, either via email at [email protected] or through our online registration form, we will send you the following by email within 24-48 hours of registration.

  • Joining Instructions
  • Invoice/receipt (where appropriate)

There are two convenient options to register for a training course:

  • Online Registration Form – Register for your desired training course by completing the online registration form available on our website. Simple click on the registration button or select your preferred dates and provide the requested information.
  • Email Registration – You can email us your intention to register at [email protected]. Our team will guide you through the registration process and provide assistance you may need.

We understand that time zones may be different between our Senior Consultants and our delegates. Our standard online course timings (11:00 AM to 4:00 PM, GMT+4 – Dubai, UAE) may be adjusted upon confirming the programme. Our team shall communicate between the confirmed registered delegates and suggest a suitable course timing for all.

Our standard course duration for our classroom programmes is 6 hours per day while our online session is 5 hours per day.

Our training courses span across diverse industries, encompassing sectors such as but not limited to:

  • Power & Utilities
  • Oil & Gas
  • Financial Institutions
  • Government and Regulatory bodies
  • Manufacturing & Production Industry

Our commitment lies in continuously refining and expanding our training course offerings to align with evolving industry landscapes. We encourage individuals to explore our website or engage with our dedicated support team for the latest information on available courses, ensuring access to the most pertinent and current educational resources.

Yes, The Energy Training Centre is certified and recognized by several prominent industry standards. Specifically, it holds certifications from ILM, Continuing Professional Development (CPD), and the Project Management Institute (PMI).

  • ILM (ID# 002398B) – This certification indicates that our training programmes meet high standards for leadership and management development, ensuring that they are designed to enhance participants’ skills in these critical areas.
  • Continuing Professional Development (CPD) – Our recognition by CPD reflects our commitment to providing educational opportunities that support ongoing professional growth and skill enhancement. This accreditation ensures that our training courses are relevant and effective for professionals seeking to advance their careers.
  • Project Management Institute (PMI) – Being recognized by PMI signifies that our training programmes align with industry best practices in project management. This certification assures participants that our offerings are in line with the standards required for effective project management and are valuable for those pursuing or maintaining PMI credentials.

These certifications underscore our dedication to providing high-quality, industry-relevant training that fosters professional growth and meets established standards. Additionally, we are actively pursuing further certifications and affiliations to enhance our offerings and ensure we remain at the forefront of industry best practices.

About Energy Training Centre

Energy Training Centre is a leading provider of professional development programs for the energy and public sectors. With over 15 years of experience, we have trained more than 50,000 professionals across the Middle East and beyond.

Our expert-led courses are designed to meet the evolving needs of modern organizations, combining theoretical knowledge with practical applications that deliver immediate value to your career and organization.

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