Oil Trader

2 days ago

Central Region, Singapore GMP Group HQ Full time $104,000 - $130,878 per year
Key Responsibilities:
  • Trade physical and/or paper oil products (e.g., gasoline, diesel, jet fuel) in international markets.
  • Analyze global supply-demand fundamentals, pricing trends, geopolitical developments, and macroeconomic factors affecting the oil markets.
  • Execute trades and manage positions within defined risk parameters and compliance guidelines.
  • Develop and maintain strong relationships with suppliers, customers, brokers, and shipping partners.
  • Negotiate contracts, pricing, and terms of delivery in collaboration with legal and logistics teams.
  • Monitor and manage logistical operations, including freight, storage, blending, and inventory.
  • Collaborate with internal teams (risk, finance, operations) to ensure accurate reporting and settlement.
  • Proactively identify market opportunities and develop trading strategies accordingly.
  • Stay updated with relevant market data, publications, news, and analytics tools (e.g., Platts, Argus, Bloomberg).

Qualifications & Skills:
  • At least 5-8 years of experience trading refined petroleum products, preferably with an oil major or NOC.
  • Strong understanding of global oil markets, trading instruments (futures, options, swaps), and risk management.
  • Proven track record of profitable trading performance.

Please state your availability, current and expected salary in the resume.

We regret that only shortlisted candidates will be notified.

GMP Technologies (S) Pte Ltd   |   EA Licence: 11C3793   |   Eddie Tang |   Registration No: R1221129

This is in partnership with the Employment and Employability Institute Pte Ltd ("e2i").

e2i is the empowering network for workers and employers seeking employment and employability solutions. e2i serves as a bridge between workers and employers, connecting with workers to offer job security through job-matching, career guidance and skills upgrading services, and partnering employers to address their manpower needs through recruitment, training, and job redesign solutions. e2i is a tripartite initiative of the National Trades Union Congress set up to support nation-wide manpower and skills upgrading initiatives.

By applying for this role, you consent to GMP Recruitment Services (S) Pte Ltd's PDPA and e2i's PDPA.

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