Crude Trader

Our client, an international oil company, is looking to hire an experienced Crude Trader.

Based in London, the role will involve a combination of marketing own equity production, as well as broader third-party trading across EMEA, working collaboratively with international offices to optimise global system and maximise earnings for the company.   

Key responsibilities:

• Manage and optimise daily crude trading activities, leveraging company-owned production and market opportunities to deliver commercial value.
• Trade physical and financial crude positions (spot and term) to balance supply, maximise margins, and enhance system efficiency.
• Identify and capture arbitrage opportunities across regional and global markets, ensuring safe and reliable delivery from company assets.
• Oversee placement of equity crude, coordinating with operations to ensure timely off-take and alignment with production schedules.
• Negotiate and execute contracts with counterparties, ensuring compliance with company’s commercial, operational, and regulatory standards.
• Monitor trade performance and risk exposure, including price, logistics etc.. taking corrective action where necessary.
• Collaborate closely with scheduling, operations, and risk teams to ensure smooth execution and operational excellence.
• Maintain strong relationships with market participants to stay abreast of trends, pricing developments, and emerging opportunities.
• Analyse market fundamentals, including supply-demand dynamics, freight and storage considerations, and refinery requirements, to inform trading decisions.
• Communicate trade strategies and operational requirements effectively with internal stakeholders, providing clear updates and actionable insights.

The ideal candidate will have 3+ years crude trading experience ideally in the Med or WAF markets.
 
For more information, please contact Peter Morgan at peter.morgan@pangea-ts.com