Gasoil Trader

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

Contact email: freddie.ricks@venturesearch.com
Job ref: 2871
Published: 8 days ago

Key Responsibilities

  • Trading Execution:

    • Develop and execute profitable physical gasoil trading strategies across Middle Eastern, African, and Asian markets.
    • Manage both spot and term contracts, optimizing margins while mitigating risks.
  • Market Analysis:

    • Conduct in-depth market research to identify trading opportunities and trends.
    • Monitor supply and demand dynamics, refinery outputs, and macroeconomic factors affecting gasoil pricing.
  • Client & Supplier Relations:

    • Build and maintain relationships with key stakeholders, including refiners, suppliers, storage providers, and end-users.
    • Negotiate commercial terms to secure advantageous deals and grow market share.
  • Logistics & Operations:

    • Oversee logistical arrangements, ensuring timely delivery of products while minimizing costs.
    • Collaborate with operations teams to address challenges in shipping, storage, and blending.
  • Risk Management:

    • Actively monitor and manage exposure, utilizing hedging tools and ensuring compliance with company policies.
    • Maintain accurate records and report trading performance to senior management.