MINI-MBA of Specialization in Trade in Refined Products and Natural Gas via online Learning

This Specialization Mini-MBA aims to provide participants the knowledge and skills to understand and act in international trade of petroleum, refined petroleum products and natural gas, including Logistics and Inventory Management.

• How and interconnect the different branches of activity as well as technical and financial risks of doing business;
• What are the various features distribution;
• How to Service and Sale of Fuel;
• Ensure the loyalty of its customers;
• How to increase the success of operations by focusing on the function of the quality and customer satisfaction;
• Understand the vision and the role of distribution of products;
• Organize and improve oil product flows;
• How to act in the international market of petroleum products and natural gas;
• Analyze the reference price and realize the futures market;
• Understand the risks and exposure prices.

CONTENTS

Module 0 – Opening

• Presentation of trainers and trainees;
• Presentation of the objectives and training program operating methodologies.

Module I – Introduction to Trading

• World Energy Market in 2013 perspective for 2030;
• Oil as an energy source;
• Commercialization of importance Brief historical summary.

Module II – The International Market Oil and Natural Gas

• Market fundamentals: Supply, demand, stocks and prices;
• Main actors: IOCs (Majors), NOCs, refiners, blenders, traders, brokers and other key markets;
• Statistics on Consumption and Production (incl. Refineries).

Module III – The Maritime Transport

• Introduction to Shipping;
• Characteristics of vessels, freight and Worldscale;
• Freight reference sources;
• Chartering of contracts (for travel and time): Typical clauses Stays and over-stays.

Module IV – Buy & Sell (Trading) Oil and Refined

• Contracts in the oil industry;
• Buying and selling arrangements – Incoterms (International Commercial Terms);
• Reference prices and arbitration in major markets prices, formulas and typical terms of pricing.

Module V – Buy & Sell (Trading) Natural Gas

• Market functioning – reference prices;
• Supply fundamentals;
• Fundamentals of Search;
• The transport – physical transactions.

Module VI – Future Markets

• Futures markets and hedging mechanism and tools Derivatives pricing and margin protection Functionality: NYMEX and ICE – electronic platforms and OTC market behavior: Contango and Backwardation

Module VII – Risks and Exhibition

• Risks of Trading Price of the exhibition.

Module VIII – Additional Information – Specifications of Refined Products

• Specifications Refined products: properties and tests in the oil industry;
• Quality important in trading;
• Quality of petrol diesel quality.

Module V – Exam Preparation

• Assess and evaluate the knowledge acquired.

Module VI – Closing

• Specialization MIni-MBA evaluation: trainers and trainees.

Prerequisites
The necessary prerequisites to attend this course are:
Have access to a computer or tablet with an Internet connection and a browser (program for surfing the web), such as Chrome, Safari, Firefox or Internet Explorer.
You can access the course from any computer (for example, at home and at the office), tablet or smartphone.

Methodology
This course is always with the trainer, who will even give a face-to-face training through the platform.
The trainee can intervene together with the trainer or with the other trainees as he does in the classroom.
Practices and exercises will always be made available by the non-final trainer of each training session.
At the end of the course, you will receive a Professional Training Certificate if you attend at least 90% of the classes, carry out the proposed work and tests, participate in the online exercise and have a positive final assessment.
This training is certified and recognized.