International Oil Supply, Transportation, Refining & Trade

An Intensive 3 - Day Online Training Course

International Oil Supply, Transportation, Refining & Trade

Understanding the Risks & Opportunities and Maximizing Profits

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If not, please visit our In-house and course customization area, every course is eligible to be conducted at your own pace.

Why Choose this Training Course?

Why Choose this Online Training Course?

This PetroKnowledge International Oil Supply, Transportation, Refining and Trade online training course is designed to give participants a comprehensive picture of the international oil supply, transportation, refining and trade. Further, this Oil & Gas online training course will include crude oil and refined markets, risks, legal and regulatory issues involved in the international trading of crude oil and refined products.

This online training course is presented with the wide range of essential practices of petroleum industry spanning, exploration, extraction, refining, and global oil supply, reserves, production & trade flows. With the overview of these essential upstream and midstream practices, the industry downstream operations dealing with crude oil and refined products trading and its associated risks and uncertainties can be fully understood. Since price volatility always exists, the Price Risk Management appropriate techniques are presented in detail. Sales, Marketing, Trading and Risk Management are crucial, and the most dynamic parts of the value chain are extremely important for managers to stay on the top of these activities.

This online training course will feature:

  • Essential success factors in exploration, production, and transportation of oil
  • Important elements of petroleum refining and its economics
  • Improving refinery economics and overall profitability of oil business
  • Focusing on strategic planning and tactics to reduce corporate risk
  • Logistics of international supply, transportation, and storage of oil
  • Practical aspects crude oil sales, marketing, and trading

What are the Goals?

What are the Goals? 

By the end of this online training course, participants will be able to:

  • Understand upstream oil exploration, production & supply principles and practices
  • Understand refining process, compute refinery gross and net margins
  • Understand LP models, and develop crude oil selection criteria
  • Apply petroleum economics, calculate financial benchmarks and prioritize projects
  • Estimate costs, negotiate and compare physical deals and help write contracts for the sale of crude oil and refined products
  • Use worldscale reference to charter a ship and to calculate the profitability
  • Understand the international markets, their risks and how prices are formed and disseminated
  • Understand the hedging instruments, determine the price risk exposure and manage price risk
  • Acquire legal and regulatory issues relating to the International aspects of oil trading

Who is this Training Course for?

Who is this Online Training Course for? 

This PetroKnowledge online training course is suitable to a wide range of professionals but will greatly benefit:

  • Business Development Managers
  • Corporate Planning Professionals
  • Lawyers & Law Firms’ Personnel
  • Geoscientists & Engineers
  • Refiners
  • Bankers & Accountants
  • Auditors
  • Members of Board and Senior Oil Executives 
  • Media Personnel who interface with traders and trading
  • Government Regulators
  • Tax & Finance Advisors
  • Compliance Officers
  • Equity & Financial Analysts and Bankers
  • Joint Venture Officers
  • Contract Negotiators

How will this Training Course be Presented?

How will this Online Training Course be Presented?

This online training course will utilize a variety of proven online learning techniques to ensure maximum understanding, comprehension, retention of the information presented. The training course is conducted Online via an Advanced Virtual Learning Platform in the comfort of any location of your choice.

What will you Achieve?

  • On successful completion of this online training course, a PetroKnowledge E-Certificate will be awarded to the delegates

Daily Agenda

Day One: Essence of International Oil Supply      

  • Global Reserves, Production      
  • Fundamentals of Oil Economics
  • The Evolution of International Oil Pricing System – The Big Picture           
  • Trading Physical Crude Oil and its Logistics          
  • The Dissection of Crude Oil Price             

 

Day Two: The Futures Market and Absolute Value of Oil   

  • Hedging the Absolute Value of Crude Oil             
  • Oil Price Formula – The 2nd Component - Time Differential        
  • Oil Price Formula – The 3rd Component - Grade Differential        
  • Refining I – Basics
  • Refining II – Conventional Refinery Upgrading

 

Day Three: Oil Logistics and the Art of Trade

  • The Price of Refined Oil Products
  • Forward & Future Market
  • Options & Swaps Market            
  • Legal and Regulatory Issues       
  • Oil Trading in USA / UK/ Singapore     

Frequently Asked Questions

How can I register for a training course?

  • To register online through our website, please click “Enroll Now” on the course page, complete and submit the form. A confirmation e-mail and instructions will be sent to the participant’s e-mail.
  • You may also get in touch with our Registration Team on
    +971 56 222 7795 | +971 4 567 1530 or send an email to reg@petroknowledge.com

When and how do I arrange payments?

  • Payments can be made in USD or UAE local currency AED (Arab Emirates Dirhams) either by Bank Transfer or by Credit Card. Our Bank Account details will be provided on the invoice.
  • Course fees are payable upon booking unless a valid, authorized Purchase Order is provided and accepted.
  • Invoices will be sent via email/courier to the ID/name and address provided.
  • The course fee shall be settled prior to course start date. Corporate payments with existing payment policy shall be relayed to us in advance.

When should I expect to receive confirmation of registration?

Upon successful registration online, enrolment on the respective training course will be confirmed by Registration Team by e-mail along with the invoice and joining instruction.

Is there a discount for more than one registrant/course?

For corporate fees and group registration, please send your query to info@petroknowledge.com.

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