Agenda
Day One: 9:00 AM to 4:00 PM
- Breakfast & networking
- Introduction to energy hedging, trading & risk management
- Overview of the global energy markets
- An in-depth review of the major crude oil, refined products and natural gas liquids trading hubs including Singapore, North Sea (Brent), Northwest Europe, Mediterranean, Cushing (WTI), Arab Gulf, US Gulf Coast, New York and Mont Belvieu and how global product flows impact prices
- Introduction to NYMEX/CME Group & ICE futures, options and swaps
- An examination of the differences between over-the-counter (OTC) and exchange traded/cleared hedging instruments
- An overview of the energy price reporting agencies (Platts, Argus, OPIS, etc.) and how the prices they publish impact your energy price risk
- Lunch
- In-depth examples of how to utilize various energy hedging strategies including futures, options, and swaps
- Examples of various hedging strategies covering bunker fuel, crude oil, diesel fuel, gasoline, jet fuel, natural gas and natural gas liquids
- Real world hedging scenarios including the perspectives of consumers, producers, refiners, traders and marketers
- Analyzing & hedging basis risk
- Question & answer session
Day Two: 9:00 AM to 1:30 PM
- Breakfast & networking
- How to identify, quantify and analyze your energy price risk
- Developing an energy hedging and risk management policy
- Designing and implementing an energy hedging program
- A hands-on exercise where you will experience a “year in the life” of an executive who is responsible for managing their company's energy hedging program
- Lunch
- Question & answer session
- Conclusion
