Trading in Oil Futures and Options

Trading in oil futures and options is an introduction to price risk management in the worldwide oil industry. With numerous practical examples, it requires no prior knowledge and should be read by everyone involved in the industry.

Although aimed primarily at those new to risk management it will also provide a useful theoretical background to more experienced managers and it will show those in other markets how the oil industry uses futures and other derivatives.

This book concentrates on all the risk management tools available to everyone from crude oil producer to refined product consumer and explains the theory of futures, exchange options and over the counter trading.

Risk managers in the oil industry

The development of the world oil industry; Oil refining; The markets; Entering the futures market; Strategies in futures trading; Options; Over-the-counter instruments; How the oil industry can use the futures markets; Technical analysis.