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Refined Products Hedging

Attend this two-day in-depth course and gain comprehensive exposure to risk management tools and strategies, macro and micro market fundamentals, margin preservation, key drivers, manufacturing and marketing, and cutting-edge purchasing techniques that drive success in the refined products market.

Specific purchasing and hedging objectives will be discussed along with expert hedging strategies and policies. This will allow you to develop specific hedge strategies most suited to meet the objectives of your company. The course will also elaborate on the corporate policies, procedures, board resolutions, FASB 133 requirements and checks and balances that would meet the most diligent auditor’s requirements.

Full Course Description

You will:

  • Learn the unique steps you should take NOW to reduce price exposure, manage risk, and guard against price spikes.
  • Define your price/margin exposure.
  • Quantify hedge base percentage.
  • Review the structure of your supply contracts.
  • Assess the risk profile of your company.
  • Learn how to implement hedge strategy.
  • Establish your corporate risk policy and obtain board approval.
  • Establish an OTC account.
  • Design your hedging program.
  • Define the hedge objectives of your company.
  • Determine the appropriate hedge strategies for your company.
  • Develop daily marked to market.
  • Monitor and adjust your hedge strategy.

Entry-level to intermediate professionals from: Wholesale/marketing companies, utilities, jobbers/home heating oil distributors, fuel purchasers, back office, hedgers, marketers, end-users, trucking companies and government agencies.

Industry Segment
Course Level
CPE Credits
EMI Credits