Oil & Gas Hedging, Risk Management & Trading Seminar Dubai | 5-6 April 2016
What You Will Learn How to utilize futures, swaps, options, collars and other hedging strategies to protect your company from volatile energy prices How the ICE, NYMEX, DME, OTC (over-the-counter) and physical energy markets operate, impact energy prices and provide you with the ability to mitigate your exposure to volatile prices An in-depth look at the major crude oil, refined products and natural gas liquids trading hubs including Arab Gulf, Singapore, North Sea (Brent), Northwest Europe, Mediterranean, Cushing (WTI), US Gulf Coast, New York and Mont Belvieu and how global products flows impact prices
An overview of the energy price reporting agencies (Platts, Argus, OPIS, etc.) and how the prices they publish impact your energy price risk Hedging strategies for crude oil, bunker fuel, diesel fuel, fuel oil, gasoline, gasoil, natural gas liquids (NGLs), liquefied natural gas (LNG), jet fuel and more...
What You Will Learn - Continued How basis relationships impact energy prices and how to prevent basis risk from destroying your hedging program How to develop and implement an energy hedging and risk management policy
Case studies examining energy consumers, producers, processors and traders A hands-on exercise where you will experience a “year in the life” of an executive who is responsible for managing an energy hedging program Networking with industry professionals from around the world
Agenda – Day I 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 Arab Gulf, Singapore, North Sea (Brent), Northwest Europe, Mediterranean, Cushing (WTI), US Gulf Coast, New York and Mont Belvieu, among others and how global product flows impact prices Introduction to NYMEX/CME Group, ICE & DME 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 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
Agenda – Day II 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 Case studies examining energy consumers, producers, processors and traders 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 Question & answer session Conclusion
Instructor Mike Corley is the founder and president of Mercatus Energy Advisors. As a subject matter expert, Mr. Corley serves as a trusted energy hedging and risk management advisor to dozens of companies and organizations across the globe. Prior to founding the firm, he held various positions in trading, risk management, quantitative analysis and marketing with El Paso Merchant Energy, Cantor Fitzgerald and several boutique energy trading and risk management firms.
Mr. Corley regularly serves as a keynote speaker for organizations such as Airline Economics, Argus, Energy Institute, OPIS, Platts, The Council of Petroleum Accountants Societies and The Oil Council. In addition, Mr. Corley regularly contributes to various industry publications including Airline Economics, The American Oil & Gas Reporter, BBC News, Bloomberg, Energy Risk, Futures Industry, Oil & Gas Financial Journal, Oil & Gas Investor, Platts, Reuters and The Wall Street Journal, among others. Mr. Corley earned a B.A. from The University of Oklahoma.
Venue The Oil & Gas Hedging, Trading & Risk Management Seminar will be held at the Marriott Hotel Al Jaddaf Dubai.
Register To learn more about the seminar and to register go to www.mercatusenergy.com/education. If you have any questions about the seminar please contact us via our website at www.mercatusenergy.com/contact.