Oil Products Trader

Peninsula; Greater London; Sur place; GBP 90 000 - 130 000; Plein temps

Résumé du poste

Peninsula is seeking an experienced Oil Products Trader in London to originate, execute, and optimize physical oil trades. You will identify arbitrage opportunities, manage risk, and collaborate with Procurement, Chartering, and Hedging desks to maximize trade profitability.

Ideal candidates bring proven physical trading experience, strong market insight, and excellent negotiation and leadership skills. Fluency in business English and willingness to work in a fast-paced team environment are

Qualifications

• Proven experience in physical trading of oil products
• Deep understanding of global oil markets and arbitrage dynamics
• Strong commercial acumen with strategic and analytical thinking
• Excellent negotiation skills and decisive decision-making
• Exceptional teamwork and cross-functional collaboration
• High ownership with proactive learning and development
• Business-level English; additional languages desirable
• Knowledge of residual/distillate pools, feedstocks, and blending parameters

Responsabilités

• Execute and manage physical oil trades from origination through delivery, ensuring alignment with strategy and risk limits
• Identify and capitalize on arbitrage opportunities across global markets
• Maintain and expand relationships with counterparties, suppliers, customers and trading partners
• Analyse market conditions, fundamentals, geopolitics, and market structure to inform trading strategies
• Collaborate with Chartering and internal teams to optimize shipping assets and trade economics
• Work with the Hedging Desk to manage pricing risk and margins
• Share market intelligence to maximize global trading opportunities
• Ensure all trades comply with internal risk management and credit policies
• Foster collaboration with Procurement and Operations when synergies create value

Connaissances

Oil trading

Physical trading

Negotiation

Analytical thinking

Teamwork

MS Office

CRM systems

English (business)

Outils

MS Office

CRM systems

Description du poste

Description

We are also accepting applications for our other European office locations. We are seeking an experienced Oil Products Trader to focus exclusively on the origination, execution, and optimization of physical oil trades. This role is centred on identifying and capturing market opportunities, leveraging arbitrage, and maximizing profitability through strategic trading decisions. While the trading function operates independently from Peninsula's Procurement function, collaboration is essential to optimize shared assets and deliver maximum value. Strong teamwork, communication, and relationship-building skills are critical to success.

Department: Supply & Trading

Location: London

Description

We are also accepting applications for our other European office locations. We are seeking an experienced Oil Products Trader to focus exclusively on the origination, execution, and optimization of physical oil trades. This role is centred on identifying and capturing market opportunities, leveraging arbitrage, and maximizing profitability through strategic trading decisions. While the trading function operates independently from Peninsula's Procurement function, collaboration is essential to optimize shared assets and deliver maximum value. Strong teamwork, communication, and relationship-building skills are critical to success.

MAIN RESPONSIBILITIES

• Execute and manage physical oil trades from origination through delivery, ensuring alignment with company strategy and risk limits.
• Identify and capitalize on arbitrage opportunities across global markets.
• Maintain and expand relationships with counterparties, including suppliers, customers, and trading partners.
• Analyse and interpret market conditions, fundamentals, geopolitics, and market structure to inform trading strategies.
• Collaborate with Chartering and other internal teams to optimize shipping assets and enhance trade economics.
• Work closely with the Hedging Desk to manage pricing risk and optimize trade margins.
• Share market intelligence internally to maximize global trading opportunities.
• Ensure all trades comply with internal risk management and credit policies.
• Foster strong collaboration with Procurement and Operations teams when shared assets or synergies can create additional value.

KNOWLEDGE, SKILLS AND EXPERIENCE

• Proven experience in physical trading of oil products (Residual and Distillate Fuels preferred).
• Deep understanding of global oil markets and arbitrage dynamics.
• Strong commercial acumen with the ability to think strategically and analytically.
• Excellent negotiation skills; persuasive and influential, able to make quick, informed decisions.
• Exceptional teamwork and communication skills to collaborate across functions, combined with the ability to work independently with high ownership and accountability.
• Ambitious, self-motivated, and committed to continuous learning and development.
• High level of computer literacy, including proficiency in MS Office and CRM systems.
• Business-level English; additional languages desirable.
• Knowledge of residual and distillate fuel pools, feedstocks, and key parameters involved in blending, as well as ISO 8210 specifications.