Singapore (PRWEB) March 13, 2008
The future trends of Asia's Oil Trade Market will be examined at the 2nd Asia Oil Trade & Supply 2008 on April 21 - 22, 2008 at the Hotel Swissotel Merchant Court in Singapore. CMT has brought together Oil Futures Benchmarkers New York Mercantile Exchange and Dubai Mercantile Exchange, as well as the industry's leading executives to discuss and analyze the present and future dynamics of the Crude oil, Petroleum distillates, Naphtha, Gasoline and Petrochemical markets, OTC's Hedge Fund and Biofuel blending opportunities in Asia.
How can Asia's oil imports and trade cope with the rising prices and tight markets? What is the outlook for Asia's Oil trading markets for the next financial year? According to EIA's forecast, the global oil market will remain tight through 2008. CMT's Asia Oil Trade and Supply 2008 will bring together the top executives in the Asian Oil trading markets to share insights on the major issues that will shape the Asian Oil Trade outlook for the year 2008.
One of the key issues that will dominate the Asian Oil Trading market will be the implications of the US Sub- Prime crisis on Asian Energy Markets. HSBC Bank will touch on recent geopolitical tensions in oil producing nations such as Nigeria and Iran that have increasingly made investors nervous and invited speculators to drive prices higher.
As global demand for oil and gas continues to rise, the Middle East's vast reserves become increasingly important to the international energy industry and global economic stability. Dubai Mercantile Exchange's, Chief Strategy & Business Development Officer, Matthew Thompson is perhaps in the best position to presents insider insights. Speaking on "Middle East Crude Supply and Trade Outlook", and will provide updates on the DME's recently launched Oman crude futures contract.
The other futures exchange, New York Mercantile Exchange's Senior Director Asia Marketing, George Ng, will cover strategy & tools for trading and risk management in the global oil market. New paradigms in Asia's oil trading markets are gaining increasing relevance. Hedge fund involvement in the Over-the-counter market is one of these new paradigms. Michael Coleman, Managing Director of Aisling Analytics will assess the liquidity and significance of the OTC's Hedge Fund market, providing insights on achieving optimal positioning in this market.
A focus on the Asia Pacific refining industry looks at global oil outlook, key exporting countries, volumes and quality and at trends in price differential for different quality of crude by Clive Gibson, Manager - Energy Resources of Nexant in his paper entitled "Future crude supplies for Asia Pacific Refiners - Quality & price differential"
China and India's rapidly expanding energy economy is also one of the issues coming under the spotlight at 2nd Asia Oil Trade & Supply 2008. In the context of the rapidly evolving demand and supply dynamics, this timely event will give attendees the necessary information on China and India's boosted products demand and refined products supply. Participants to 2nd Asia Oil Trade & Supply will get first had information from Reliance Industries, Peri Sarma, VP Refinery Business on their export pontential and Chen Junren from Petrochina planning and Engineering Institute will provide insights on China's gasoline markets.
Asia stands to emerge as a Biofuels giant, as Europe and the US are looking towards Asia for biofuels feedstocks and expertise. Therefore at 2nd Asia Oil Trade & Supply 2008, the biofuel market in Asia is also put under scrutiny. While the biofuel market in Asia is mostly export oriented, legislation in many Asian countries is creating demand for biofuels within Asia as well. Managing Director of Vertical Asia Henri J. Bardon's insightful paper on Biofuels and blending and the continuing challenge to introduce biofuels in Asian market will give much needed insight on taking advantage of the highly profitable Biofuels business.
The 2nd Asia Oil Trade & Supply Conference is for everyone with a vested interest in the latest development in the Asian oil markets and wishes to assess the most effective trading structure capable of dealing with the present oil dynamics. To find out more and register please visit http://www.cmtevents.com.
About Centre for Management Technology:
A global organizer HQ in Singapore, CMT is dedicated to the provision of latest business and technology information through high profile conferences for varied industries. CMT forums encircle the globe from Asia Pacific to Middle East to New Europe/Russia and the Americas. In 25 years of operation, CMT has hosted leading conferences on Petroleum, Refining, LPG, future fuels like Biodiesel, Biofuels and Coal to Liquids, Gas to Liquids, Bio mass to Liquid Technology and many more. Visit http://www.cmtevents.com for further information about us.