In 2008 oil prices have risen to levels never seen before and already declined to levels not seen since 2005, and it all comes down to economics. Don't miss this chance to understand the market drivers underlying the wild volatility of today's market. EMI's Oil Economics: From Wellhead to Gasoline Pump will help you answer the questions everyone is asking: Will we see $40 crude oil or will prices once again rise to over $100/bbl? When will the market recover from the global recession of 2008? Who's making the money? What are the economic drivers for price? What is the short-term and long-term outlook for pricing? And you'll leave this course with the tools you need to make informed, smart economic decisions, from both a strategic and tactical perspective.
Course Instructor:
Mr. Dominick Chirichella has over 30 years of knowledge and experience in all facets of the complex -- energy, commodity trading, risk management, education, consulting and financial services -- including many years of managing marketing, international trading, manufacturing, consulting, start-up operations and project finance operations of well know companies; integrated major oil companies as well as international trading companies. Dominick helped Texaco initiate its first use of futures exchanges as an integral part of hedging/trading strategy. He the Chief Operating Officer position at Triwell Marketing and refining. Lead the OPIS, Oil Price Information Service management-consulting and educational services group that solely focused on the downstream energy industry. Member of Board of Directors of Longview Refinery, 1988 Member of the New York Mercantile Exchange Petroleum Advisory Board, 1987-88
Request course syllabus and brochure. Register online for the course.
In 2008 the world experienced the highest prices ever for oil followed by the largest collapse in oil prices in history. The world is now in one of the deepest and longest economic downturn going back to the 1930's. With global energy demand in a clear downward pattern all eyes are focused on the economy. The economic relationships that drive oil & energy prices has changed, however one thing that has not changed is the ongoing threat of disruptions in supply resulting from the many potential Geopolitical hotspots around the world. The economy will eventually recover, demand for oil will once again increase and supply & demand will once again become out of balance. Prices will surge and the world will undergo yet another oil crisis. As has been the case with almost all oil shocks over the last 50 years Geopolitical events have been at the heart and core of the problem. Now is the time to thoroughly understand the risks of all of the ongoing geopolitical hotspots as well as the new ones looming and percolating. Integrating Geopolitical risk into your hedging, trading and analytical operations is not only important but crucial for an company with energy exposure.
This 2-day program will give you a comprehensive understanding of the various strategies employed in the field of advanced technical analysis. You'll examine a wide array of advanced technical tools and strategies, including what they are and how and when they should be used. In addition, you'll gain an in-depth understanding of how various theories of behavioral finance can be integrated into technical trading strategies.
Mr. Richard Weissman has provided training and consultation services to traders and risk managers at financial services firms, investment banks, hedge funds and energy companies for over thirteen years. He has been the featured speaker at leading industry-wide conferences throughout the world on topics including technical analysis, derivatives, risk management, trading system development, implementation of hedging strategies and trader psychology. In addition, Mr. Weissman has eighteen years experience as a derivatives trader. He began his trading career as the President of R. Lloyd Associates (former members of the New York Futures Exchange), where he focused on the development and implementation of mechanical trading systems that were applicable to all trading vehicles and timeframes. In 2004, John Wiley & Sons published Mr. Weissman's book, "Mechanical Trading Systems: Pairing Trader Psychology with Technical Analysis".