The Business and International Trading course offers you a unique opportunity to dive into the dynamic world of global commerce. With international trade continuously expanding, the demand for skilled professionals in this field is at an all-time high. This course is designed to equip you with essential skills in areas such as international oil and gas trade, understanding economic aspects, price risk hedging, and trading strategies. Our comprehensive online format allows you to gain invaluable insights into the complexities of international markets, enhancing your ability to navigate and succeed in this competitive sector. By enrolling in this course, you’ll position yourself at the forefront of a thriving industry, ready to seize new opportunities and drive global business success.
Business and International Trading
The Business and International Trading course is tailored for professionals and graduates in the sector aiming to enhance or update their expertise. The curriculum covers key areas such as international oil and gas trade, economic considerations, price risk hedging, and trading strategies, offering a comprehensive understanding for those looking to stay current in the field.
40 hours
Energy
Course objectives
- To understand the fundamentals of international oil and gas trading.
- To analyse economic factors affecting international trade.
- To apply strategies for effective price risk hedging.
- To explore key principles of global trading markets.
- To evaluate economic impacts on trading decisions.
- To develop skills in market trend analysis for trading.
- To assess international trade regulations and compliance.
What does it prepare you for?
This course prepares you to navigate the complexities of international oil and gas trade, equipping you with the skills to analyse economic aspects critically. You'll learn to effectively hedge price risks, ensuring stability in volatile markets. Additionally, you'll develop a strategic approach to trading, enabling you to make informed decisions and optimise business opportunities in a global context. By the end, you will be adept at managing international trading challenges confidently.
Teaching units
UNIT 1. INTERNATIONAL O&G TRADE
Market positions
Energy markets
The market in times of COVID-19
Qualities. Benchmarking
Price formulae
UNIT 2. ECONOMIC ASPECTS
The oil refining business
Current situation and outlook for the industry
Supply to a refining system
Oil purchase contracts
Natural gas purchase contracts
UNIT 3. PRICE RISK HEDGING
Derivative instruments
Future markets
Options contract
Non-organised markets
Price coverage
UNIT 4. TRADING
Organization of a trading department
Evolution of trading practices
Risk management
Price forecasting techniques
Formations of chartist and technical analysis