Princeton, NJ (PRWEB) January 20, 2007
With crude oil futures tumbling below $50 per barrel for the first time since May 25, 2005, some new realities are setting into the world's energy markets. Any and all petroleum industry participants -- traders and risk managers, in the forefront or support staff, upstream or downstream -- must ensure their understanding of the fundamentals as well as fortify expertise in what is becoming a more volatile playing field. They may even seek new strategies and tactics. The Oxford Princeton Programme, the world's leading provider of training solutions to the energy, commodities and derivatives industries, will offer the following courses in coming weeks thereby providing delegates a marketplace advantage.
"Our courses cover timely topics for professionals regardless of their level of expertise and experience," says Clara Lippert, President and CEO, The Oxford Princeton Programme, Inc. "Our expert faculty will be able to provide real-time perspective from today's market conditions and ensure delegates leave with a stronger set of skills."
Overview of Physical Crude Oil Trading and Operations
22-23 January 2007 Houston, TX
23-24 January 2007 London, UK
12-13 February 2007 Singapore
This workshop offers delegates an in-depth introduction of how the physical crude oil trading market works. Besides an invaluable exposure to terminology, each delegate will experience all the steps in typical domestic and foreign crude oil transactions. The linkage between new well production, marketing, transportation and storage, and refining to physical trading (both speculatively and as a hedge vehicle) will be explored. Delegates are awarded 16 CPE credits for this course.
Fundamentals of Technical Analysis
15-16 February 2007 Houston, TX
14-15 March 2007 Los Angeles, CA
Understanding and using technical analysis is important to hedgers as well as speculators. This workshop will take the mystery out of common technical indicators. Delegates will learn what they are and how the experts use them. A trading simulation involves decisions based on technical indicators. Delegates are awarded 16 CPE credits for this course
Fundamentals of Energy Futures
23 January 2007 Calgary, AB
20 February 2007 Miami, FL
12 March 2007 Los Angeles, CA
19 March 2007 London, UK
This highly interactive workshop is a great introduction to exchange traded futures contracts. Delegates will earn an in-depth knowledge of energy futures contracts and markets. This introductory, one-day course includes a trading simulation and a comprehensive review at the end of the day. Delegates are awarded 8 CPE credits for this course.
Options I - Fundamentals of Energy Options
24 January 2007 Calgary, AB
13 March 2007 Los Angeles, CA
20 March 2007 London, UK
21 March 2007 Houston, TX
Options are made easy in this daylong workshop. Covering everything from premium valuation to advanced trading strategies on exchange traded options, delegates gain valuable insights through our unique trading simulation and comprehensive review at the end of the day.
Delegates are awarded 8 CPE credits for this course.
Energy Risk Management
25-26 January 2007 Calgary, AB
21-22 March 2007 London, UK
22-23 March 2007 Houston, TX
Understanding and identifying how to limit price risk exposure is a complex task. This two-day course will provide attendees with a forum to maximize hedging efficiencies and limit price risk exposure. Delegates will build a portfolio of industry techniques for managing price risk in today's volatile energy markets.
This is ideal for those who are already familiar with futures and options but want a more in-depth understanding of hedging and the tools available. It uses four unique case studies developed by the industry's leading risk managers requiring the delegate to apply hedging skills to complex scenarios. It will deal with many different energy commodities, including oil and gas.
Overview of the Physical Trading of Petroleum Products 26 January 2007 Houston, TX
This one-day workshop familiarizes delegates with the key elements of trading physical petroleum products. Topics explored include the major product blending pools and specifications, market fundamentals, technical analysis, key trading strategies and the mechanics of trading and operations. Delegates will learn product-trading terminology and participate in industry case studies and a product trading simulation. Delegates are awarded 8 CPE credits for this course.
Fundamentals of Energy Basis Trading
14 February 2007 Houston, TX
After learning all there is to know about exchange traded futures and options, traders are always faced with a complex dilemma -- Basis. The 'B' word can make or break a successful hedging or trading program. This course includes timely 'real world' examples and simulation to reinforce the application of basis trading concepts and tools. After completion, delegates will have a strong working knowledge of basis trading.
Class delegates include everyone from trade support staff all the way up to senior management -- anyone who needs to learn how to analyze and take advantage of proper basis risk/opportunity analysis.
Front to Back Office: Trading Controls and Best Practices
6 February 2007 Las Vegas, NV
27 March 2007 Calgary, AB
International and domestic commodity professionals can advance their knowledge and skill set with this one-day workshop that covers proven controls used in commodity trading activities. Delegates immediately apply these trading techniques through hands-on case studies. Recent trading "failures" are also analyzed. Delegates are awarded 8 CPE Credits.
Value-at-Risk: The Basics
7 February 2007 Las Vegas, NV
28 March 2007 Calgary, AB
Understanding Value-at-Risk is essential for measuring and controlling market risk. Suitable for traders, support staff, risk managers and senior management, this one-day workshop analyzes the best ways to maximize profitability and minimize costly mistakes; an asset to all professionals who understand its use. Delegates are awarded 8 CPE Credits.
International Oil Supply, Transportation, Refining and Trading 26 February - 2 March 2007 Oxford, UK
This course provides an overview of the oil supply chain. Topics include upstream economics, transporting crude oil from source to the refinery, through processing, trading and finally, and the retailing of oil products. Through case studies, delegates will address day-to-day problems in order to understand the relevant commercial driving forces in this area.
Trading and Operations within the International Oil Markets
6-9 March 2007 Cape Town, South Africa
This four-day course provides a fundamental understanding of the trading and operations within the international oil industry. Selection, purchase, shipment and refining of crude oil are just a few points for discussion. Emphasis is placed on successfully resolving the practical issues encountered by professionals within the industry. Delegates will actively participate in exercises and role plays to reinforce their understanding of the topics presented.
Principles of International Oil Trading 12-14 March 2007 Cape Town, South Africa
This course spans from the basic principles of international oil trading to a discussion on the allied fields of supply, transportation and refining. Using case studies to analyze commercial driving forces, delegates will address day-to-day concerns. Crude valuation, ocean tanker transport and freight are explored together with a basic overview of terminals and pipelines. Additionally, during the week, delegates are given the opportunity to trade in the current market via a simulation of live trading.
Fundamentals of Petroleum Refining - A Non-Technical Introduction 24-25 January 2007 Houston, TX 25-26 January 2007 London, UK 14-15 February 2007 Singapore
This two-day workshop introduces the fundamentals of petroleum refining and was designed to introduce non-technical oil industry members to the fascinating field of petroleum refining. It will delve into refinery operations and how they affect global oil and product prices. Delegates are awarded 16 CPE credits for this course.
For more information on the above, as well as a full listing of courses for the remainder of 2006 and into 2007, log onto http://www.oxfordprinceton.com
Clara Lippert, President and CEO, The Oxford Princeton Programme, Inc., is a veteran energy expert and entrepreneur. She is available for immediate comment. Please call Jobert Abueva 24/7 at Tel. 267/374-0459 or e-mail.
ABOUT THE OXFORD PRINCETON PROGRAMME, INC.
The Oxford Princeton Programme, Inc is the world's 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. Designed for all levels of expertise, courses include views of oil, power, natural gas and a variety of other energy, commodity and derivatives topics. For a complete list of courses and for other information, visit http://www.oxfordprinceton.com.