International Oil Trading Course
CITAC Africa LLP's International Trading Course covers the following subjects and topics:
- CRUDE OIL
- Origins of the Oil Industry
- Crude Oil specifications & selection
- PHYSICAL OIL MARKETS
- World supply and demand
- History of Oil Prices
- Global market structure
- Geographical zone markets
- Price References & discovery
- Crude Oil and Product Pricing
- SHIPPING AND FREIGHT
- Vessel Chartering Arrangements
- Explanation of Worldscale / AFRA
- Tanker Assessment
- Demurrage
- OIL REFINING
- Product Manufacturing and Refining Processes Refined Products Quality Aspects
- Product Specifications
- Naphtha / Automotive Gasoline (Mogas)
- Jet / Kerosene / Gasoil
- Residues
- PHYSICAL OIL TRADING
- Crude Oil Trading
- Refined Product and Arbitrage Trading
- Oil Purchase and sales Contracts
- Operations
- General Terms and Conditions
- ROLES IN INTERNATIONAL TRADING:
- Traders
- Oil Brokers
- Ship Charterers
- Ship Brokers
- Operators
- INTRODUCTION TO RISK MANAGEMENT
- Exposure
- Price Hedging
- Margins protection
- Futures
- Derivatives
- Swaps and Options