The Oxford Princeton Programme Delivers International Oil Trading Course in Houston, TX USA - To address the incessant expansion of the oil industry, the course focuses on the daily issues along with the proper tools to trade effectively

PRINCETON, NJ (PRWEB) June 14, 2004 -- The Oxford Princeton Programme, the worlds leading provider of training solutions to the energy, commodity and derivatives industries, introduces Principles of International Oil Trading course to Houston, TX USA. Familiarizing delegates with basic principles of international oil trading, the allied fields of supply, transportation and refining, the course teaches participants to address day to day problems and understand the relevant commercial driving forces in the sector.

With the continual expansion of the oil industry, knowledge of the latest techniques in crude and product trading are essential," explains Robin Burley, course instructor of Principles of International Oil Trading. Through the medium of lectures and hands-on case studies, delegates will address commonplace issues and learn about crude valuation, tanker chartering and freight, oil contracts, pricing mechanisms, trading methodology, hedging and risk management."

Burley continues, Given the region's significance as a major producer, this course is a must for anyone associated with crude oil or product export, providing unique insight into the practice of supply and trading from hands-on practitioners. Ian Holdaway and I have over 50 years combined experience in oil supply & trading and actively consult in this sector."

Robin A Burley, principal consultant with Kennet Oil Logistics, established Kennet Oil Logistics in 1990 providing expertise in the international supply, trading and transportation sector. During his 30 years experience in the oil industry he has worked with BP in their marine and supply departments and served in Gulf Oils trading, transportation, refining and marketing functions. Besides the day-to-day management and negotiation of oil supply, trading and transportation deals, he has been involved in a variety of oil logistics projects throughout the world. He has lived in the USA, Europe and the Middle East, and is a contributing author to the Oil Trading Manual (pub. Woodhead 1995).

Dr. Ian Holdaway, an international consultant in the downstream oil industry and Partner/Technical Director of Cambrian Marine Reprocessing, started his career at Esso working in research, marketing and corporate planning. He soon transferred to refining, where he was responsible for refinery operations planning and subsequently supply logistics, where he managed the imports and exports to Esso's two UK refineries and the transportation of refined product to Esso's mainland marketing terminals. After 11 years he joined J Aron, the commodity trading division of Goldman Sachs as a trading operations director. He was responsible for all aspects of J Aron's International Trading Operations within the European and Far Eastern Offices. Dr. Holdaway graduated with a PhD in industrial chemistry.

Principles of International Oil Trading is a three-day intensive course. The scheduled date is September 22 - 24, 2004. For a complete schedule of this course, visit http://www.oxfordprinceton.com.

ABOUT THE OXFORD PRINCETON PROGRAMME
The Oxford Princeton Programme is the worlds leading provider of training solutions to the energy, commodity and derivatives industries. In addition to PrincetonLive.com, which offers more than 20 energy and commodity web-based training modules, The Oxford Princeton Programme provides more than 70 instructor-led training courses. Courses include views of oil, power, liquefied natural gas and a variety of other energy, commodity and derivatives topics for both technical and moderate audiences. For a complete list of courses and for other information, visit http://www.oxfordprinceton.com