Physical Oil Trader

Location Dubai
Discipline: Commodities
Job type: Permanent
Contact name: Freddie Ricks

Contact email: freddie.ricks@venturesearch.com
Job ref: 2396
Published: 15 days ago

We are working with a prominent cross-commodity trading house with a global footprint and a diverse portfolio encompassing various commodities. With our commitment to excellence and innovation, we specialize in providing comprehensive trading solutions to clients worldwide. As part of our expansion efforts and to further strengthen our global presence, we are seeking a talented and entrepreneurial Physical Oil Trader to join our dynamic team.

Position Overview: As a Physical Oil Trader at [Company Name], you will play a pivotal role in developing and expanding our global presence in the oil trading market. You will have the opportunity to build and manage your own trading book, focusing on physical oil trading across different regions and products. This role offers a unique opportunity for an ambitious trader to leverage their market expertise and entrepreneurial spirit to drive growth and success within a dynamic trading environment.

Key Responsibilities:

  • Develop and execute trading strategies to capture opportunities in the physical oil market, including crude oil, refined products, and petrochemicals.
  • Build and maintain relationships with suppliers, buyers, and counterparties worldwide to source and negotiate physical oil trading opportunities.
  • Analyze market trends, supply-demand dynamics, and pricing signals to inform trading decisions and optimize trading positions.
  • Manage and optimize your trading book, including risk management, position monitoring, and profit and loss analysis.
  • Collaborate with internal teams including trading, operations, risk management, and finance to ensure seamless execution of trading transactions.
  • Monitor and assess geopolitical risks, regulatory changes, and market developments impacting the global oil market, providing insights and recommendations to senior management.
  • Continuously seek out new business opportunities and trading relationships to expand and diversify our trading activities.