Comprehensive weather insights help safeguard your operations and drive confident decisions to make everyday mining operations as safe and efficient as possible.Get comprehensive exposure to risk management tools and strategies, macro and micro market fundamentals, margin preservation, manufacturing and marketing, and cutting-edge purchasing techniques that drive success in the refined products market.
At A Glance
| Industry Segment | Oil |
| Course Level | Intermediate |
| CPE Credits | 13 |
| DTN Credits | 6 |
| Competency Path | Certified Energy Trading Professional, Oil, Trading & Risk Management |
What You Will Learn
You will:
- Learn the unique steps you should take NOW to reduce price exposure, manage risk, and guard against price spikes.
- Define your price/margin exposure.
- Quantify hedge base percentage.
- Review the structure of your supply contracts.
- Assess the risk profile of your company.
- Learn how to implement hedge strategy.
- Establish your corporate risk policy and obtain board approval.
- Establish an OTC account.
- Design your hedging program.
- Define the hedge objectives of your company.
- Determine the appropriate hedge strategies for your company.
- Develop daily marked to market.
- Monitor and adjust your hedge strategy.
Who Should Attend
Entry-level to intermediate professionals from: Wholesale/marketing companies, utilities, jobbers/home heating oil distributors, fuel purchasers, back office, hedgers, marketers, end-users, trucking companies and government agencies.