Petroleum Products Trader Training Course

Name: Petroleum Products Trader
Rating: 4.7 (1076 reviews)

Home / Energy Markets, Trade and Risk / Petroleum Products Trader

Classroom Dates

21 - 25 Apr 2025

London

$5,950

17 - 21 Nov 2025

London

$5,950

Propose your preferred Venue and Date

Overview

This Petroleum Products Trader training course is designed to enhance your understanding of effective marketing strategies within the highly competitive oil industry. Regardless of your current level of experience in oil marketing, developing the skills to differentiate, promote, and sell your products and services is crucial for standing out in your role.

By improving your marketing abilities, you not only advance your own career but also contribute significantly to your organization's success, especially within this technically demanding sector. Effective marketing decision-making goes beyond simply utilizing available information. It involves the critical ability to navigate and find commercially viable solutions amidst diverse and often complex parameters. This training course aims to equip you with these vital skills, ensuring you can meet and exceed the challenges in the dynamic world of oil marketing.

This Energy Training Centre training course will highlight:

Petroleum Business Environment
Crude Oil and Refined Products Physical Trading
Spot, Forward, and Futures Markets
Exchanges and their Market Organizations
Derivative Products

Expand All Objectives

At the end of this Petroleum Products Trader training course, you will be able to:

Analyze various oil trading markets, distinguishing them based on the nature of their transactions.
Investigate the range of contract types in use, including long-term agreements, spot transactions, and forward contracts.
Develop an understanding of the trade processes for both crude oil and refined petroleum products.
Acquire knowledge of strategies for hedging against price variances in the market.
Understand the fundamentals behind setting prices for crude oil and its derivatives.
Gain insight into the principles of financial derivative instruments such as Swaps and Options.

Training Methodology

This Petroleum Products Trader training course ensures participants develop a deep comprehension of the training course content, facilitated by an instructor using diverse adult education techniques. The learning methods include a mix of PowerPoint presentations, concise videos, real-world case studies, and engaging group discussions.

Organisational Impact

Upon completing this Petroleum Products Trader training course, employees of the organization will have enhanced skills in analyzing and evaluating the crude oil and petroleum product markets, including the structure of both physical and financial markets. In-depth study of trading and pricing for crude oil and its derivative products will be a key focus.

Benefits to the employer/organization include:

Recognizing the business framework of the petroleum industry
Gaining insights into the fundamentals of physical and financial futures markets.
Summarizing the functioning of both physical and financial oil markets.
Understanding the upstream and downstream business and economics
Acquiring knowledge about trading in crude oil and petroleum products.
Learning the mechanisms for setting prices of petroleum products.

Personal Impact

Attendees of this Petroleum Products Trader training course will acquire a profound and practical understanding in the areas of:

Various strategies used in international oil trade
Trading practices within the oil markets
Dynamics of the spot markets
Fundamental concepts of upstream and refining economics
Mechanisms for setting prices of petroleum products
Understanding of derivative products, including swaps and options

Who should attend?

This Petroleum Products Trader is suitable to a wide range of professionals, but will greatly benefit:

Petroleum Trader
Anyone in the petroleum or related industries seeking to enhance their understanding of crude oil, petroleum product trading, and pricing structures
Professionals specializing in Petroleum Economics
Entrepreneurs and Financial Experts in the Oil, Gas and Petrochemical field
Members of Board and Senior Oil Executives
Government Regulators in Oil Trading
Individuals involved in Trading & Brokerage within the industry

Course Outline

Day One: Introduction and Overview of Petroleum Business

The Industry Value Chain and Energy Markets
Characteristics and challenges of the Oil and Gas Industry
Porter’s Five Forces Model
The Industry Competitive Environment
Overview of oil and gas Market Structure
Upstream Project life cycle
Classification of Petroleum
Price Drivers
OPEC and Its Power
PRMS System, Petroleum Proved Reserves, Production, Consumptions Trends

Day Two: Upstream Refinery Business and Economics

Upstream Project Profitability Measurements
Profit and NCF after Tax
Profitability indicators (NPV, IRR, CPI, and Payback)
Commercial Requirements and Refinery Costs
Refinery Performance
- Barrel per stream day (PSD)
- Barrel per calendar day (PCD)
- Refinery throughput
- Refinery Charged Volume
Refinery Utilization
Refinery Yields and Refined Products
Refinery Economics
- Refinery Gross Margin
- Refinery Net Margin
- Refinery Netback
Refinery Margin Application
- Selecting the Crude Oil Quality
- Negotiating the Crude Oil Prices
- Market Selection
- Sweet verses Sour Crude
- Cracker vs. Cocker Configuration
Crack Spread Philosophy
1:1 Crack Spread
3:2:1 Crack Spread
5:3:2 Crack Spread
6:3:2:1 Crack Spread

Day Three: Crude Oil and Refined Product Trading

Why are crude oil and the refined products traded?
Delivered Prices
Marker Crude
Pricing Sources and Price Reporting Agencies
Pricing Methods
- Official selling prices
- Fixed price
- Floating price
- Differential to a marker crude
- Futures price
- Exchange for physicals
Pricing a Cargo of Crude Oil and Refined Products
Crude Oil and Refined Product Markets
North Sea Brent Trading Markets vs. WTI Markets
Dated and Forward Brent Markets
Spot Markets
Derivative Markets
- Forward Markest
- Futures
- Options
- Swaps
Long and Short Position in Derivative Markets
Exchange Traded Markets and Exchange Organization
CME vs ICE Exchanges
Forward verses Futures Contracts
Exchange Initial Margin and Maintenance Margin
Open Interest and Trading Volume
Successful and unsuccessful Markets
Crude Oil and refined Products Futures Contracts Specifications

Day Four: Hedging and Price Risk Management Using Futures

Long Position Pay-Off Profile
Short Position Pay- Off Profile
Hedging Using Futures Contracts
Anticipatory vs. Reverse Hedge
Long Hedge vs. Short Hedge
Crack Spread and refined Product Hedging
Hedging Imperfections and Basis Risk
Cross Hedging
Regression Analysis Technique

Day Five: Options and Swap Contracts

What is the Option Contracts?
Option Holder vs Option Writer
Call Option vs Put Options
Option Premium
Options Trading
- European Options
- American Options
Position of the Option Holder: ITM vs OTM vs ATM
Options Trading Strategies
Call Option Gross and Net Pay off
Put Option Gross and Net Pay off
Hedging Using Options
- Protective Strategies
- Covered Strategies
Option Pricing Techniques
- Binomial Models
- Black-Scholes Model
Swap Contracts
Swap Contract Philosophy
Fixed for Floating Swaps
Contract for Differences Swaps (CFDs)

Certificate Awarded

After successfully completing this training course, delegates will receive The Energy Training Centre Certificate of Completion as recognition to their achievement. This certificate validates their commitment to enhancing their skills and expertise in their respective fields.

Our Collaboration

Petroleum Products Trader Training Course FAQ's

WHY ENERGY TRAINING CENTRE?

Industry Leading Expertise

Flexible Learning Options

Trusted & Approved

Best Prices

Our industry leading training courses cover the entire energy ecosystem, from conventional energy, to renewables. Regardless of where you are in the renewable sector, from start-up to NOC – our goal is to provide our clients with future-proof professional training and development to help you lead in navigate the energy transition. We are supporting clients within the conventional energy industry, such as those in oil gas adopt and implement effective strategies and systems to reduce their carbon footprint and emissions. We also deliver training and run bespoke programs for clients who may be making a larger scale transition into the renewable energy market. For those organisations who are growing or are fully established in the renewable energy space we offer professional development training to further their knowledge and skills, and ensure they are up-to-date with industry standards and regulations.

Get all your questions answered here!

If you need more help in answering your questions, feel free to contact us!

Training Services

Do you offer job placement assistance after completing a course?

While we do not provide job placement services after the training course, we are confident that our programme equips you with the necessary tools and knowledge to enhance your career prospects and promote career growth. Our training course are designed to empower you with valuable skills and expertise to excel in your chosen field.

Do you provide assistance in hotel accommodation?

Yes, here are the following options we can offer to assist you:

Corporate Discount – We can extend our corporate discount to participants staying at the same hotel, if we have any. Please enquire about the availability of this discount when you register for the training course.
Nearby Hotel Suggestions – If you prefer other accommodations, we can provide a list of nearby hotels to suit your needs and budget.

Feel free to go through hotel booking platforms on the internet to find the most cost-effective for you.

Can you help me obtain visa?

Yes, we provide assistance by issuing a Letter of Invitation stating that you are confirmed to attend our training.

Where are your training courses held?

We offer multiple international training venues, which can be accessed via the following link: https://energytraining.ae/training-locations

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 info@energytraining.ae.

Who is the senior consultant teaching the training course?

We value transparency and are happy to provide our instructor’s profiles upon request. If you would like to learn more about our instructor’s’ qualifications, expertise, and experiences, please email us at info@energytraining.ae.

Do you offer customized training course for organizations?

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 inhouse@energytraining.ae to discuss your group’s training needs, and we’ll work with you to create a personalized training course that aligns with your objectives.

What types of training delivery do you offer?

We offer two main training formats to cater to different preferences and needs:

Classroom Training Delivery – Our traditional classroom-based training courses provide a face-to-face learning experience with subject matter experts. You’ll benefit form in-person interactions, hands-on exercises, and a structured classroom environment.
Online Training Delivery – We also offer convenient live/online training courses that you can access from anywhere with a stable internet connection. These courses provided flexibility and allow you to learn anywhere, making them suitable for busy schedules or remote learning.

What kind of certificates do I get?

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

Registration, Fees & Payment

Do you offer corporate rates?

Certainly, we do provide corporate rates tailored for organizations seeking to enrol multiple employees in our training programs. To facilitate this, we encourage you to make a formal request via email addressed to info@energytraining.ae. We’ll be delighted to discuss and offer a suitable arrangement for your corporate needs.

Is there a discount for more than one registrant per training course?

Yes, special discounts are available upon request if you have more than one registrant for a course. For further information please email us at info@energytraining.ae

What is included in the fees?

Classroom

Tuition fee for a 5-day training course
Provision of a world-class subject matter expert to deliver this training
Meeting at a hotel venue corresponding to your chosen session
Welcome food and drinks, AM / PM snack, and Lunch
Digital course materials (e-Tablet)
Course completion certificates
Designing and administration of Pre-& Post Course Assessments
Preparation of participant’s Performance and Appraisal Report, if required
Issuance of Letter of Invitation for delegates needed visa processing, if required

Online

Tuition fee for a 5-day online training course
Provision of a world-class subject matter expert to deliver this training through live/virtual delivery
An electronic copy of the training manual and relevant hand-outs
Issuance of The Energy Training Centre e-Certificate of Completion
Administration of Pre-& Post Workshop Assessments
Link access of online platform acceptable to both parties

How can I pay for the training course?

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.

Can I transfer or defer my course registration?

Yes, we do allow registration transfers in the event that you are unable to attend the training course. To initiate a transfer, please send us an official email requesting the change. We’ll guide you through the transfer process and ensure a smooth transition of your registration to another eligible participant.

When should I expect to receive confirmation of registration?

Upon receiving your registration details, either via email at reg@energytraining.ae 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)

How can I register for a course?

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 info@energytraining.ae. Our team will guide you through the registration process and provide assistance you may need.

Schedule, Duration & Timings

What is the course schedule or availability?

Our training course sessions are scheduled and posted on our website for your convenience. However, we understand that there may be specific requirement for your group. If you have a preferred venue and specific training dates in mind, please feel free to propose them to us by clicking on the button “Propose you preferred location & date” of your preferred training course.

What are your course timings?

Our course timings slightly vary between the cities we offer our training courses. Please let us know of your preferred course and session (dates/venue) through email at info@energytraining.ae. Alternatively, you may call/WhatsApp us at +971 50 746 0956.

Is your online timings standard our can be adjusted?

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.

How many hours in a day is your training course?

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

How long are your training courses?

Our training programmes are designed to be concise yet comprehensive, focusing on professional development. The duration varies based on the specific course content and objectives – we normally offer programmes between 5 – 10 days. However, our emphasis lies in delivering interactive and engaging sessions that prioritize depth of learning within a condensed timeframe. This approach ensures participants acquire substantial knowledge and skills efficiently.

About Us - The Energy Training Centre

Does Energy Training Centre adhere to any quality management standards?

We have been assessed by TUV Rheinland Middle East FZE and comply with Quality Management System standards – ISO 9001:2015 and ISO 29993:2017, ensuring a commitment to quality and excellence in our operations and services.

Which industries do you cover?

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.

Is The Energy Training Centre certified or recognized by any industry standards?

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.

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