Applied Oil Trading Training Program

Transcription

1 Course Prospectus Applied Oil Trading Training Program Singapore 12 th & 13 th January 2016 JBC Energy Asia 50B Temple Street Singapore Tel: Web:

2 Content Introduction Course Overview Program Outline Who Should Attend? Course Facilitator Course Fees & Bookings Background Contact Information Slide 2

3 Introduction Analyzing trader behaviors and agendas in multiple arenas Adapting to unplanned environmental changes and obstacles Experiencebased knowledge and best practices in physical oil trading What is this course about? 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 Slide 3

4 Introduction 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. Slide 4

5 Course Overview Mission Critical Information Trading Psychology Competitive Analysis Integrated Supply and Trading (IST) Supply Chain Optimization Asset Based Trading Optionality Arbitrage Applied Decision-Making Applied Risk Management Adaptation and Survival Applied Risk Opportunity Interactive Transactions Interactive Engagement Day One Day Two Slide 5

6 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 How to exploit opportunities and secure competitive advantages in contracts, negotiations and operations Slide 6

7 Program Outline 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 Slide 7

8 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. Risk Managers Derivative Traders Procurement Officers Operational Staff Oil Marketers Trading Analysts Junior Traders Course is ideal for: Finance Managers Slide 8

9 Course Facilitator 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. Slide 9

10 Course Fees & Bookings First Participant Second Participant Third & Subsequent Participant SGD$2500 SGD$2250 SGD$2000 A 7% Goods & Services Tax (GST) is applicable to all Singapore-based companies. Click Here for Booking Form Click Here for Terms & Conditions Slide 10

11 Background 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. Slide 11

12 JBC Energy Asia 50B Temple Street Singapore Tel: Web: