(EnergyAsia, October 30, Thursday) — The Oxford Princeton Programme will be holding the ‘Principles of International Oil Trading’ course in Singapore from November 12 to 15.

Conducted by Robin Burley, a principal consultant with Kennet Oil Logistics, the course will cover the basic principles of international oil trading, supply, transportation and refining. Through a case study, participants will be able to address day-to-day problems and understand the commercial driving forces in this area.
 
The course will introduce the key elements that affect the international oil market. Crude valuation, ocean tanker transport and freight will be explored together with a basic overview of terminals and pipelines. The structure of a refinery as well as aspects of product quality will also be covered.

Topics covered include structure of the oil markets, freight costs, spot tanker freight costs evaluation, oil and tanker contracts structure, refinery configurations, product quality and key specifications, crude and products pricing, crude oil value, trade execution, constructing purchase and sale contracts, contract exposures and costs, and hedging.

For more information on ‘Principles of International Oil Trading’, please contact Admin@EnergyAsia.com.