Oil Trader - Physical

Rock Petroleum; Dubai; On-site; AED 120,000 - 180,000; Full time

Job summary

An established industry player is on the lookout for a skilled Oil Trader – Physical to enhance their trading team. This role is pivotal, focusing on sourcing, purchasing, and selling physical oil products while ensuring optimal commercial deals. The ideal candidate will leverage their extensive market knowledge and supplier relationships to navigate the complexities of oil trading. Join a dynamic environment that prioritizes collaboration and growth, where your expertise will directly contribute to the company's success in the global energy sector. If you're ready to make a significant impact in a fast-paced industry, this opportunity is for you.

Benefits

Competitive Compensation

Professional Development Opportunities

Collaborative Work Environment

Benefits Package

Qualifications

• 5+ years of experience in physical oil trading with a strong track record of profitable deals.
• Deep understanding of commodity market dynamics and trade documentation.

Responsibilities

• Analyze global oil markets and assess supply/demand fundamentals.
• Negotiate and execute trades for physical oil products.

Skills

Negotiation Skills

Market Analysis

Risk Management

Communication Skills

Analytical Skills

Education

Bachelor’s Degree in Business

Master’s Degree (preferred)

Tools

Logistics Management Software

Trade Documentation Systems

Job description

About Rock Petroleum

Rock Petroleum is a leader in the supply of resources to power the planet. Established in 2018, our company boasts a team of experienced professionals dedicated to stakeholder value creation. Committed to fulfilling global energy needs while minimizing waste, we uphold responsible business practices, propelling us to become a global powerhouse.

Job Summary

Rock Petroleum is seeking an experienced and dynamic Oil Trader – Physical to join our trading team. The primary responsibility will be sourcing, purchasing, and selling physical oil products, ensuring the best commercial deals, and managing the end-to-end supply chain. This role requires strong relationships with suppliers and buyers, a thorough understanding of market dynamics, and expertise in logistics.

Job Responsibilities

As an Oil Trader – Physical, your responsibilities will include:

• Commodity Market Analysis: Analyze global oil markets with a focus on commodities trading. Assess supply/demand fundamentals, price trends, and geopolitical events to identify profitable trading opportunities.
• Sourcing and Trading: Negotiate and execute trades for physical oil products (crude oil and refined commodities). Build and maintain strong relationships with suppliers, refineries, and end users.
• Logistics and Supply Chain Management: Coordinate with logistics teams to ensure seamless movement of oil commodities, including tank-to-tank transfers, vessel chartering, and storage management.
• Risk Management: Monitor and manage risks associated with physical commodity trading, including market, credit, and operational risks. Implement hedging strategies where necessary.
• Contract Negotiation: Lead negotiations on trade contracts, ensuring favorable terms for delivery, pricing, and quality.
• Compliance and Documentation: Ensure all trades comply with international regulations and internal policies. Maintain accurate trade documentation, contracts, and shipping details.
• Performance Monitoring: Track and assess the performance and profitability of trades, making timely adjustments to strategies as required.
• Collaboration: Work closely with finance, legal, and logistics teams to manage the entire lifecycle of trades and optimize operational efficiency.

Why join Rock Petroleum?

At Rock Petroleum, we offer a collaborative and fast-paced work environment where you will play a key role in driving our business growth in commodity trading. We provide competitive compensation, benefits, and professional development opportunities in the global oil market.

Join us. We Rock.

To be successful in this role, you should:

• Hold a bachelor’s degree in Business, Economics, Energy Management, or a related field. A master’s degree is a plus.
• Have 5+ years of experience in physical oil trading with a focus on commodities, and a strong track record of profitable deals.
• Demonstrate a deep understanding of commodity market dynamics, including supply chains, pricing structures, and trade documentation.
• Possess excellent negotiation skills and experience in managing complex transactions.
• Have established relationships with key market participants (suppliers, refineries, and customers).
• Be knowledgeable in international trade regulations and logistics management.
• Exhibit strong communication, teamwork, and analytical skills.