Introduction to Petroleum Hedging

This course will simplify and remove the mystery surrounding petroleum hedging. You'll get a practical understanding of petroleum hedging and price risk management and how it can benefit your company.

Take On Demand

At A Glance

Industry Segment Oil
Course Level Introductory to Intermediate
CPE Credits Not Applicable
DTN Credits 3
Competency Path Certified Energy Trading Professional, Oil, Trading & Risk Management

What You Will Learn

Have questions? Want to know if this course is right for you? Email your questions to marketing@dtn.com and we’ll help.


Specific topics covered include:

  • Hedging and risk management defined.
  • NYMEX market basics and functionality.
  • Futures contracts and expiration.
  • Defining risk and hedge objectives.
  • Forward month trading and curve influence.
  • Basis definition and calculation.
  • Forecasting and budgeting.
  • Hedge accounting.

The course consists of 7 sessions totaling 7 hours 15 minutes of recorded instruction. Sessions covered are:

  1. Hedging Defined
  2. NYMEX Futures
  3. Forward Curve
  4. Financial-Physical Connection
  5. Correlations
  6. Hedge Objectives
  7. Basis and Budgeting

SCORM compliant. Available across all platforms (desktop, tablet and mobile).

DTN online learning programs provide immediate access to instructor-narrated courses on a wide variety of industry topics. Most courses contain multiple sessions comprising 6 or more total hours of content. Upon purchasing you will receive an instant email containing your secure registration credentials. Your course selections are ready and waiting for you upon login. Programs are viewed on demand using your standard web browser and high-speed internet connection. Access to each individual session will end 14 days after first being accessed, although there is no limit to the amount of time it takes to complete the entire course.  You can start, stop, pause and view the content within each session as often as you like during the access period.

Group licensing available. Contact DTN at marketing@dtn.com to request details. CPE credits are not currently available for DTN On Demand courses.

Who Should Attend

Introduction to Petroleum Hedging is designed to benefit a full spectrum of attendees, from those with only a passing curiosity on the subject to those needing hard and fast tips, tools and techniques they can implement now. Trucking companies, private fleets, construction companies, refiners and marketers, downstream petroleum jobbers, and petroleum end-users and consumers will all benefit from this macro-level course.
Strongly consider attending if you fit one of the following categories:

  • Diesel-powered fleets
  • Gasoline-powered fleets
  • Petroleum jobber personnel
  • Retail chain personnel
  • Oil company management and staff
  • Pipeline management and staff
  • Terminal operations
  • Schedulers
  • Interdepartmental transfers
  • Finance management and staff
  • Administrative personnel
  • Utilities
  • Human resource personnel
  • New/transferred hires from mergers
  • New/transferred hires from acquisition
  • Anyone new to the industry
  • Those considering entering the industry
  • Students and academics
  • Media