
Oil Trader
7 days ago
Our ideal candidate will develop and execute strategic trading plans for refined petroleum products, aiming to maximize profitability while effectively managing risk. They will source and market cargoes within the region and globally, leveraging upstream and downstream assets, focusing on both system and third-party trading.
Key Responsibilities:
- Develop and execute physical trading strategies for refined products, maximizing profitability while managing risk
- Source and market cargoes within the region and globally, leveraging upstream and downstream assets
- Build and maintain strong relationships with counterparties, including national oil companies, international oil companies, traders, refineries, and shipping partners
- Conduct market analysis and identify trading opportunities based on supply-demand fundamentals, arbitrage, and pricing trends
- Collaborate closely with internal teams: operations, shipping, finance, and risk management to ensure seamless trade execution
- Monitor and manage exposure, P&L, and trading book performance in line with corporate risk policies
Requirements:
- Minimum 10 years of experience trading refined petroleum products in the Middle East, preferably with an oil major or trading house
- Strong product trading experience in Light or Heavy Distillates
- Proven track record of delivering trading profitability
- Could offer relocation to Dubai or Singapore
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