Fuel Oil Broker: Arbitrage & Global Trades (Dubai)

Redstone Search

Philippines

Remote

PHP 3,003,000 - 5,004,000

Full time

14 days+

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Job summary

Redstone Commodity Search seeks a Fuel Oil Broker to join a major financial services client in Dubai. The role centers on facilitating physical fuel oil trades, advising clients on arbitrage, and expanding the client base through strong relationships with majors and trading houses.

The ideal candidate has 3+ years in fuel oil brokering, deep knowledge of benchmarks like Platts/Argus, and recognized qualifications.

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 Dubai.

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.