(EnergyAsia, December 22, Monday) — Oxford Princeton’s workshop, ‘Overview of Physical Crude Oil Trading and Operations’, will be held in Singapore on February 17 to 18.

The introductory workshop will provide delegates with an understanding of the physical crude oil trading market. The course will explore the linkage between well production, marketing, transportation, storage, refining and physical trading.

The course is recommended for anyone who is interested in understanding the mechanics of physical crude oil trading and operations. This includes people working in trading, upstream pipeline, marine operations, product supply, refineries, information technology and accounting.

A web-based course, ‘An introduction to the oil industry’, is recommended as a pre-classroom study. Delegates are advised to take this online study as close to the workshop date as possible to optimise their classroom experience.

Topics covered include major components of physical crude oil operations, logistics of crude oil, trading patterns and locations, crude oil selection and optimisation, major price components, trade and verbal counter-party negotiations, spot and term deals, crude contract terminology, pipeline and marine nomination procedures. Trading strategies and operations, and hedging strategies will also be addressed.

For more information on ‘Overview of Physical Crude Oil Trading and Operations’, please contact Admin@EnergyAsia.com.