Physical Oil Trader
1 week ago
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 - focusing both on system and 3rd party trading.
- Build and maintain strong relationships with counterparties, including NOCs, IOCs, 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, trading house, or NOC.
- 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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