Companies working in the energy markets are exposed to significant fluctuations in the price of energy commodities (oil, gas and electricity), which have a determining impact on their financial performance. This seminar’s contents integrate basic concepts and applications for the management (hedging) of energy price risks and using financial products such as futures/forwards, options and swaps on energy commodities. The objectives of this seminar are:
- to present financial tools used in the energy sector;
- to outline the main concepts behind hedging strategies; and
- to illustrate the application of financial tools and possible hedging strategies in practical situations using energy derivatives in NYMEX (New York Mercantile Exchange).