BOSTON, Mass. - The New England Fuel Institute (NEFI) Education Foundation and the Massachusetts Oilheat Council (MOC) will host a two-day seminar April 20-21 at the Westin Hotel in Waltham, Mass., to help heating oil distributors better grasp today's product hedging environment and improve their understanding of futures, options, and other market tools.
Keith Swanson, senior energy market analyst for Country Hedging, Minneapolis, will lead the seminar. He has 28 years of experience in trading and analyzing commodity markets and designing and implementing hedging strategies. According to Swanson, hedging is a fact of doing business today. Even dealers who don't hedge product costs should attend this seminar to understand what market forces affect the prices they pay for heating oil and how they interact with supply and demand.