Attend this practical and interactive four-day training course and enhance your knowledge on the following key areas:- Crude selection- Physical oil markets, pricing mechanisms & price exposure- Introduction to Brent- Hedging instruments: Forward & futures- Refinery products & processes- Swaps- Dated Brent and the BFO market & CFD's- Trends & developments- International product trade flows and transport- Refinery margins & economics- Management issues Plus- Briefing & refining & trading simulation- Post refining & trading simulation case studyLearn how to optimise refinery margins and manage the profitability of commercial refining. Everyone associated with refining should be profit focused. This Euromoney Energy Training course will provide in-depth knowledge of the refining business and an understanding of how trading/hedging can improve margins and reduce risk.How this Commercial and Trading Aspects of Oil Refining course will help youYou will:- Understand the refinery configurations and main processes- Define refinery margins and learn about margin evolution and regional variation- Examine refinery economics and assess refinery profitability and performance- Develop skills in trading and hedging- Trade refinery components and feedstocks- Investigate refining in an environmentally conscious world- Assess the future of refining Briefing & Refining & Trading SimulationAn exciting and challenging team exercise run throughout the course, where participants trade and hedge refinery products. The key objective is to optimise margins and manage profitability in fluctuating market conditions.