Oil Trading and Price Risk Management (OG-055) Training Course

Oil Trading and Price Risk Management

Oil prices are volatile and influenced by supply, demand, geopolitics and financial markets. Producers, refiners, traders and large consumers must understand how physical…

5 daysClassroom or online

13Upcoming dates

5Cities

£2,750Fees from

Course overview

Why Attend

Oil prices are volatile and influenced by supply, demand, geopolitics and financial markets. Producers, refiners, traders and large consumers must understand how physical and paper markets work and how to manage price risk.

This LLMI course explains global oil markets, price benchmarks and pricing mechanisms, physical trading, freight, futures, swaps and options, hedging strategies, trading risk controls and market analysis. Participants practise pricing deals and designing hedges using realistic examples.

The course provides a practical foundation for commercial, finance and risk professionals in the energy sector.

Course Objectives

Explain global oil market structure and benchmarks

Understand physical oil trading and pricing

Use futures, swaps and options for hedging

Design price risk management strategies

Apply trading risk controls

Analyse market fundamentals

Target Audience

Oil traders and schedulers

Commercial and marketing staff

Risk managers

Treasury and finance professionals

Procurement staff buying fuels

Energy analysts

Course Methodology

Market explanations with live examples

Pricing exercises

Hedging case studies

Trading simulation

Group discussions

Course outline

1Day 1: Global Oil Markets

Supply and demand fundamentals
Major benchmarks
Price reporting agencies
Market participants
Geopolitics and prices
Exercise: Market analysis

2Day 2: Physical Trading

Trading contracts and terms
Pricing formulas
Freight and logistics
Quality differentials
Operations and documentation
Exercise: Pricing a cargo

3Day 3: Derivatives

Futures markets
Swaps
Options
Spreads and cracks
Margining
Lab: Derivative pricing exercise

4Day 4: Hedging Strategies

Producer and consumer hedging
Refiner margin hedging
Hedge effectiveness
Accounting considerations
Policy design
Case study: Hedging programme

5Day 5: Trading Risk Management

Market, credit and operational risk
Limits and controls
Trading governance
Compliance
Market outlook
Capstone: Trading simulation and review

Frequently asked questions

How long is the Oil Trading and Price Risk Management course?

The course runs over 5 days of classroom training, usually Monday to Friday.

When is the next Oil Trading and Price Risk Management course?

The next public date is 14 - 18 Dec 2026 in Amsterdam. There are 13 upcoming dates in total.

Where is this course held?

Upcoming sessions run in Amsterdam, Barcelona, London, Rome, Munich.

Can I take Oil Trading and Price Risk Management online?

Yes. Every date can also be joined live online in a virtual classroom with the trainer, for £1,280 per participant. Choose "Live online" in the dates table when you register.

How much does the course cost?

Fees start from £2,750 per delegate, depending on the city. Fees include tuition and course materials.

Do participants receive a certificate?

Yes. Delegates who complete the course receive a London Leadership Management Innovation certificate of completion.

Can this course be delivered in-house for our team?

Yes. LLMI can tailor and deliver this course privately for your organisation at your premises or in one of our training cities.

Course information last updated 14 November 2026.

Oil Trading and Price Risk Management

Course overview

Course outline

Dates and fees

Frequently asked questions

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