Applied Oil Trading Training Program
Singapore
– 12
th& 13
thJanuary 2016
Course Prospectus JBC Energy Asia 50B Temple Street Singapore 058595 Tel: +65 63348136 Email: [email protected] Web: www.jbcasia.com
Content
Introduction
Course Overview
Program Outline
Who Should Attend?
Course Facilitator
Course Fees & Bookings
Background
Introduction
2016 www.jbcasia.com Slide 3 What is this course about? Experience-based knowledge and best practices in physical oil trading Learning by doing: active engagement and interaction in real-time Identifying key market signals and collecting mission critical information Setting specific goals and executing team strategies to attain them Adapting to unplanned environmental changes and obstacles Analyzing trader behaviors and agendas in multiple arenasIntroduction
Applied Oil Trading
JBC has developed the industry’s most practical, complete and effective integrated oil trading and risk management training program. Our focus is on creating a real oil trading environment.
The cornerstones of our program are real world business scenarios, experience-based knowledge, mission critical information and learning through hands on simulation, execution, interaction and experimentation.
Emphasizing both physical and paper trading, the course is ideal for marketers, junior traders, risk managers, trade finance executives, market analysts, operators and back office personnel, whether their aim is to better understand oil trading, develop additional job skills or enhance their professional career growth.
Course Overview
Slide 5
• Mission Critical Information • Trading Psychology
• Competitive Analysis
• Integrated Supply and Trading
(IST)
• Supply Chain Optimization • Asset Based Trading
• Optionality
Day One
• Arbitrage
• Applied Decision-Making • Applied Risk Management • Adaptation and Survival • Applied Risk Opportunity • Interactive Transactions • Interactive Engagement
Day Two
Program Outline
Mission Critical Information
• How to Separate the Signals from the Noise: Collect, process and apply intelligence within organizations
Trading Psychology
• How to interpret, evaluate and predict the behaviour of traders: Applying heuristics, game theory, case studies
Competitive Analysis
• How to assess market forces and size up competitors and peers: Using SWOT and Porters Five Forces Analysis
Integrated Supply and Trading (IST)
• How to proactively engage trading, operation, shipping and support staff in strategy formulation and execution
Supply Chain Optimization
• How to garner savings and collect added value in logistics, scheduling and infrastructure: The 5 D’s and the 4 I’s
Asset Based Trading
• How to leverage your market position and resources to gain the upper hand and secure better returns
Optionality
Program Outline
Slide 7
Arbitrage
• How to transform undervalued sources into higher value outcomes: Time, Space and Form arbitrage strategies
Applied Decision-Making
• How to formulate optimal strategies with limited time and resources: Bounded Rationality, case studies, exercises
Applied Risk Management
• How to limit the downside and lock in the upside: Controlling basis risk and uncertainty and ensuring resilience
Adaptation and Survival
• How to adjust strategies and cope with uncertainty,and volatility: How to recover, reload and relaunch on the run
Applied Risk Opportunity
• How to proactively garner the opportunity side of risk: Exploiting market imbalances, intelligence and trends
Interactive Transactions
• How to build confidence with the right counterparties: Securing an edge in negotiations and trade execution
Interactive Engagement
• How to navigate through streaming digits and screaming traders: Trading and decision making in live markets
Who should attend?
Applied Oil Trading is an intermediary to advanced level course that is ideal for anyone looking to establish or further a career in the physical oil trading environment. Attendees will need to possess a basic understanding of oil markets before undertaking the course.
Course
is ideal
for:
Junior Traders Oil Marketers Procurement Officers Risk Managers Derivative Traders Operational Staff Trading Analysts Finance ManagersCourse Facilitator
Slide 9
John Driscoll
has worked nearly four decades in the US and Singapore, holding senior management posts in supply, trading and price reporting. After graduating from Stanford University in 1976, John began his career with ARCO in Los Angeles as a political analyst before shifting to product operations. In 1984 he moved to Singapore with Maxus, an Indonesian oil producer. He ran trading offices for Tomen, Tosco and Ultramar before joining Mobil Asia in 1997 as Team Leader, Fuel Oil.After the Exxon takeover, John ran Argus’ Asia for 5 years. In 2004 John returned to trading with Korean refiner GS Caltex, handling product trading, risk management and market analysis. Joining JBC Asia in 2013, John brings a wealth of experience to the Company’s training, development and consulting business. John also serves as an Adjunct Lecturer at Singapore Management University and as a guest lecturer at the Ulsan Institute of Science & Technology, Korea.
Course Fees & Bookings
First Participant
SGD$2500
Second Participant
SGD$2250
Third & Subsequent Participant
SGD$2000
Click
Here
for Booking Form
Click
Here
for Terms & Conditions
Background
Slide 11
Since its establishment in 1994, JBC has been providing participants with the knowledge and skills required for optimal performance in an ever-changing high risk environment.
Our hands-on experience and expert content guarantees that our courses will meet the requirements of all participants who want to further their commercial “on the ground” understanding of the oil business.
JBC has trained hundreds of senior executives, traders, analysts, operational and finance personnel in the world’s largest energy companies.
JBC also offer courses in Oil Market Analysis, Risk Management & Pricing in Energy Trading and Refining.
JBC Energy Asia 50B Temple Street Singapore 058595 Tel: +65 63348136