Physical Oil & Refined Products Trader

We are interested in speaking with experienced Oil & Refined Products Traders for a senior opportunity within established commodity trading business.

The focus is on commercially driven individuals with a proven track record in physical oil and refined products trading, strong industry relationships and the ability to develop and manage profitable trading books across North American and international markets.

• Originate, structure and execute physical trading transactions across crude oil, gasoline, diesel, jet fuel, naphtha and other refined petroleum products.
• Develop and maintain strong commercial relationships with refiners, producers, trading houses, distributors and other industry counter parties.
• Identify new trading opportunities, expand existing commercial flows and develop profitable trading strategies.
• Manage physical trading positions, pricing exposure, inventory, credit risk and counter party relationships.
• Optimise trading opportunities across regional and international markets, including arbitrage, blending, storage and logistics.
• Work closely with shipping, scheduling, operations, finance and risk management teams to ensure efficient execution of physical transactions.
• Utilise relevant futures, swaps and options instruments to hedge physical positions and manage market exposure.
• Contribute to the development and expansion of trading activities across North America and international markets.

• Extensive experience in physical crude oil or refined products trading, ideally gained within a commodity trading house, oil major, refiner or integrated energy business.
• Demonstrable track record of generating trading P&L and managing profitable trading books.
• Established commercial relationships across the physical oil and refined products markets.
• Strong understanding of commodity pricing, market fundamentals, physical logistics, storage, transportation and risk management.
• Experience originating and executing transactions within North American markets, with international trading exposure advantageous.
• Commercially driven and entrepreneurial, with the ability to identify and develop new business independently.
• Previous experience developing new trading books, expanding product coverage or building trading teams would be advantageous.