Fuel Oil Broker

ZipRecruiter; London; On-site; GBP 60,000 - 80,000; Full time

Job summary

A major financial services firm in London is seeking an experienced Fuel Oil Broker to facilitate transactions and monitor global markets. The ideal candidate must have over 3 years of experience in fuel oil trading and strong negotiation skills. This role requires building relationships with key stakeholders and ensuring timely execution of agreements.

Qualifications

• 3+ years of experience in fuel oil or refined petroleum product trading.
• Strong understanding of pricing benchmarks such as Platts and Argus.

Responsibilities

• Facilitate physical fuel oil transactions ensuring competitive terms.
• Monitor global fuel oil markets and advise clients.
• Negotiate and draft agreements while minimizing operational risk.

Skills

Negotiation & Analytical Skills

Understanding of physical oil markets

Experience in brokering or trading

Education

Completion of recognized brokering and shipping qualifications

Job description

Overview

Redstone Commodity Search focus on offering 360° search solutions to the global commodities markets. With a competitive coverage of Trading Houses, Producers, Majors, Utilities, Merchants, Hedge Funds, Investment Banks and Brokerages; Redstone Commodity Search can confidently offer you an edge in today’s volatile market.

Redstone Commodity Search are working with a major financial services firm looking to hire a Fuel Oil Broker to join the growing team in London.

Responsibilities

• Facilitate physical fuel oil transactions between buyers and sellers, ensuring competitive terms and timely execution.
• Monitor global fuel oil markets, price benchmarks, and trade flows to identify arbitrage opportunities and advise clients.
• Build and maintain strong relationships with oil majors, trading houses, refiners, and end-users to expand the client base.
• Negotiate and draft sale and purchase agreements, ensuring compliance with quality, specification, and delivery terms while minimizing operational risk.
• Role reports to Head of Fuel Oil.

Qualifications

• 3+ years of experience in fuel oil, residual fuel, or refined petroleum product brokering or trading.
• Strong understanding of physical oil markets, pricing benchmarks (Platts, Argus), and global trade flows.
• Completion of recognized brokering and shipping qualifications (e.g., ICS Professional Qualifying Examinations or equivalent).
• Negotiation & Analytical Skills – Proven ability to negotiate high-value deals under pressure and analyse market data to identify profitable opportunities.
• Located in London.