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Oil Price Volatility and Risk Management

An Interactive 5-Day Training Course

Oil Price Volatility and Risk Management

Survive and Thrive the Price Volatility with the Financial Derivatives

NASBA
Classroom Schedule
Date Venue Fees
18 - 22 May 2026 London $ 5,950
09 - 13 Nov 2026 London $ 5,950

Course Summary

The global oil and gas industry is complex, capital-intensive and constantly challenged by price fluctuations and market uncertainties. This 5-day Oil Price Volatility and Risk Management training course equips professionals with a thorough understanding of the full oil value chain—from upstream exploration to downstream trading—and the associated risks and uncertainties that influence price volatility. Participants will explore the essential logistics, pricing dynamics and business success factors of crude oil and refined products, and learn how price risk management strategies using financial derivatives such as futures, forwards, swaps and options can mitigate those risks.

The course also examines international market dynamics, geopolitics and benchmark pricing mechanisms, while integrating practical insights into trading, sales and marketing practices that impact profitability. Through an examination of price behaviour and risk frameworks, participants will build the capability to reduce corporate exposure to risk and increase value chain resilience. The Oil Price Volatility and Risk Management training course prepares delegates to make informed decisions and develop strategies that optimise operational and commercial outcomes in volatile energy markets.

Skills & Competencies

From this Oil Price Volatility and Risk Management training course, participants will develop the following key skills and competencies:

  • Comprehensive oil value-chain understanding
  • Price volatility analysis capability
  • Financial derivatives and hedging proficiency
  • Regulatory and legal trading awareness
  • Strategic risk mitigation skills
  • Global market dynamics insight

Key Learning Outcomes

At the end of Oil Price Volatility and Risk Management training course, you will learn to:

  • Explain the upstream, midstream and downstream dynamics of oil and energy products.
  • Analyse price volatility factors and pricing systems.
  • Apply risk mitigation strategies using financial derivatives.
  • Develop structured trading and contract negotiation skills.
  • Understand geopolitical and market influences on energy pricing.

How You Will Learn

Learning develops through structured exploration of oil value-chain practices, pricing dynamics and financial risk tools. Participants analyse real-world market behaviours, examine product and trading mechanisms, and apply risk management techniques. Emphasis is placed on synthesising technical insight with commercial strategy to enhance decision-making in volatile market contexts.

Who should Attend?

This training course is designed for professionals across commercial, technical and regulatory roles within energy, finance and related sectors.

This Oil Price Volatility and Risk Management training course is suitable to a wide range of professionals but will greatly benefit:

  • Business and development managers
  • Sales, marketing and trading managers
  • Legal, compliance and regulatory professionals
  • Geoscientists, engineers and refiners
  • Bankers, analysts and finance advisors
  • Equity analysts, joint venture officers and negotiators
Course Outline
Day 1

Introduction to Crude Oil: A Finite Resource

This day introduces the fundamental components of the oil and gas industry, including upstream operations, geology, reserves, production and refining economics. Participants examine how foundational activities influence overall market dynamics. The topics covered will include:

  • Introduction to the Upstream Oil & Gas Industry
  • Fundamentals of Oil & Gas Geology and Petroleum Engineering
  • Oil & Gas Reserves, Production, Consumption & Trade
  • The Impact of The Shale Industry
  • Trends in Carbon Emissions, Carbon Capture, Utilization, and Storage
  • Basic Refining and Refining Complexity
  • Refining Economics
Day 2

The Market Price Volatility of Crude Oil

This day focuses on the driving factors behind crude oil price volatility, price systems and international trade influences. Participants explore how market forces and geopolitics shape pricing. The topics covered will include:  

  • The Driving Factors of Oil Price Volatility
  • Different Strategies
  • International Oil Trade
  • Anatomy of The Crude Oil Pricing System
  • Prices on The Oil Markets
  • The Importance of Energy Security and Geopolitics
Day 3

Introductory Concepts in Oil Trading

This day explains the fundamentals of oil trading and market analysis, including technical and fundamental approaches and pricing benchmarks used in the global oil markets. The topics covered will include:   

  • The Technical Analysis of Trading
  • The Fundamental Analysis of Trading
  • Trading on The Oil Markets
  • The Spot Markets
  • Spot Crude Oil Prices
  • The Brent Market
  • Indexing Crude Oil Prices
Day 4

Petroleum Products Price Setting Mechanism using Financial Derivatives

This day explores how financial derivatives and futures markets operate, including pricing structures such as backwardation and contango, and risk management applications. The topics covered will include:

  • Hedging – Risk Management
  • How are Prices Reported?
  • The Physical Futures Markets
  • The Financial Futures Markets
  • The Historical Development of The Petroleum Exchanges
  • Futures Contracts
  • Pricing Structures: Backwardation and Contango
  • The Limitations of The Futures Markets
Day 5

Risk Management using Financial Derivative Swaps and Options

This day focuses on advanced derivative instruments such as options and swaps, and how they are used to manage price risk at corporate and national levels. The topics covered will include:

  • The Definition of An Option
  • The use of Options Contracts to protect the National Income of NOCs
  • The Definition of a Swap
  • The Historical Development of The Petroleum Exchanges
  • USA, UK, Singapore
Certificates
  • On successful completion of this training course, GLOMACS Certificate will be awarded to the delegates.
  • Continuing Professional Education credits (CPE): In accordance with the standards of the National Registry of CPE Sponsors, one CPE credit is granted per 50 minutes of attendance.
Providers and Associations

Endorsed Education Provider

NASBA

In Association With

Options & Brochure

Customisation & In-House Delivery

Delivering this training course in-house enables organisations to tailor discussions and strategies to specific market exposures and operational realities. Customisation supports leaders in aligning risk management practices with internal risk appetites, pricing structures and commercial benchmarks, enhancing organisational resilience in volatile energy markets.

Why Choose Saudi GLOMACS?

Saudi GLOMACS is the official Saudi Arabian division of GLOMACS International (glomacs.com), delivering internationally recognised training courses both within Saudi Arabia and across international locations. Our training courses are aligned with the highest professional and institutional standards, supported by a strong understanding of the professional landscape in Saudi Arabia and access to global expertise.

Saudi GLOMACS enables professionals and organisations to strengthen leadership, capability, and long-term excellence through consistently high-quality learning experiences.

Official Saudi Presence

Official Saudi Arabian division of GLOMACS with established global credibility.

International Benchmarks

Internationally benchmarked training courses aligned with professional best practices.

Trusted Across Sectors

Trusted by professionals and institutions across public and private sectors.

Flexible Delivery

Training courses delivered within Saudi Arabia and across international locations.

Additional Benefits of this course for Organisations and Professionals in Saudi Arabia

Organisations & Professionals in KSA will have the following additional benefits from this Oil Price Volatility and Risk Management training course:

  • Enhanced understanding of oil market volatility
  • Stronger hedging and price risk mitigation ability
  • Greater insight into global oil pricing mechanisms
  • Improved strategic decision-making in energy markets
  • Increased proficiency in derivatives and trading contracts
  • Better alignment of commercial and financial risk strategies
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Frequently Asked Question

No. Saudi GLOMACS delivers courses in Saudi Arabia and internationally, including delivery across Europe and Asia. This allows organisations and professionals to access training both locally and abroad.

No. While governance and leadership are part of the portfolio, Saudi GLOMACS delivers training across the entire business and professional lifecycle, including administrative, technical, legal, regulatory, and sector-specific training.

No. Our training courses are delivered globally through international locations and online platforms, enabling participants from Saudi Arabia and around the world to learn together. This global delivery approach ensures exposure to diverse perspectives, international best practices, and cross-cultural insights while maintaining strong relevance to regional and organisational needs.

View All Training Locations

Yes. Saudi GLOMACS designs and delivers bespoke in-house training tailored to organisational objectives, sector requirements, and workforce needs. Training can be delivered in Saudi Arabia or internationally, depending on requirements.

Yes, in-house and customised strategy training courses are available to support organisations seeking tailored strategic capability development. These courses can be aligned with your industry context, organisational challenges, and long-term strategic objectives.

For further details or to discuss customisation requirements, you may call or WhatsApp +966 (54) 286 8546 or email info@glomacs.sa . You can also submit a detailed enquiry through our in-house training page at: https://sa.glomacs.com/in-house-seminars

If you would like further information about these training courses, our team is available to provide professional guidance and support. We are pleased to assist with course selection, the registration process, and any other related enquiries.

For personalised assistance or detailed enquiries, please contact our team on +966 (54) 286 8546 or email us at info@glomacs.sa

Courses delivered in Saudi Arabia are adapted to reflect local regulatory frameworks, organisational structures, sector conditions, and professional expectations. This ensures training is relevant, practical, and aligned with Saudi workplace realities.

GLOMACS has been delivering professional training for over thirty years, with courses delivered across Europe, the Middle East, Asia, and other international markets.

Saudi GLOMACS combines three decades of global training experience with a clear focus on Saudi market relevance. This allows it to deliver training that is both internationally credible and locally applicable, across a broader range of disciplines than niche or single-focus providers.

Saudi GLOMACS is a Saudi-based professional training provider delivering courses tailored to the Saudi market and applicable internationally. It operates within the global GLOMACS framework and draws on more than three decades of international training experience.

Saudi GLOMACS offers professional training across a wide range of disciplines, including administration, leadership and management, governance and regulation, law, oil and gas, energy, engineering, finance, digital technologies, and sector-specific specialisations.

Training supports professionals across all career stages, from operational roles to specialist and senior responsibilities.

Participants include professionals from public sector, semi-government, and private sector organisations, across a wide range of roles and industries. Attendees range from administrative and operational professionals to technical specialists, managers, and senior decision-makers.

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