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Sr Strategy & Market Consultant

Saudi Aramco

Saudi Arabia

On-site

SAR 150,000 - 210,000

Full time

15 days ago

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Job summary

Saudi Aramco is seeking a Senior Oil Market Economist for its Strategic Studies & Market Analysis Division in Dhahran. The role involves market analysis, mentoring staff, and providing expert advice on strategic oil market issues. Candidates should possess a robust background in economics, marketing, or engineering, with over 20 years of experience in the petroleum sector.

Benefits

Extensive training and workforce development programs
Challenging and rewarding opportunities

Qualifications

  • Over 20 years of extensive experience in the downstream petroleum industry.
  • Deep knowledge of global crude oil market balances, pricing dynamics, and reporting methodologies.
  • Familiarity with refinery and petrochemicals.

Responsibilities

  • Provide expertise in crude oil placement strategy and market analysis.
  • Participate in developing strategies for complex issues and mentor others.
  • Monitor market trends and prepare analyses for management.

Skills

Market Analysis
Crude Oil Trading
Economic Forecasting
Strategic Planning
Financial Modeling

Education

Bachelor’s degree in Business Administration, Marketing, Economics, or Engineering
Advanced degree in Economics, Energy, or MBA

Job description

Aramco energizes the world economy.


Aramco holds a prominent position in the global energy industry as one of the largest producers of hydrocarbons and chemicals, with among the lowest upstream carbon intensities among major producers.


With significant investments in technology and infrastructure, we aim to maximize the value of our energy production and enhance Aramco’s societal value.


Headquartered in Saudi Arabia, with offices worldwide, we combine market discipline with a long-term vision, guided by nine decades of responsible stewardship of the Kingdom’s hydrocarbon resources. Our responsibility drives us to deliver societal and economic benefits to the Kingdom and to the communities, economies, and countries relying on our reliable energy supply.


We are among the most profitable companies globally and rank in the top five by market capitalization.


Overview

We are seeking a Senior Oil Market Economist to join the Strategic Studies & Market Analysis Division (SS&MA) within the Crude Oil Sales & Marketing Department (COSMD) in Dhahran. SS&MA provides support through Market Analysis, Strategy, Planning, Performance Monitoring & Reporting, and Data Management.


Key Responsibilities
  • Provide expertise in crude oil placement strategy and market analysis, developing specialized knowledge to support departmental needs. Work under the direction of the group leader or department head.
  • Participate in analyzing and developing strategies for short- and long-term complex issues, mentoring and training others.
  • Undertake complex studies within your area of expertise that can impact current and future operations, acting independently with set objectives.
  • Monitor market trends to forecast their development, often leading work on special studies and consulting directly with Executive Management.
  • Prepare and present analyses, conclusions, and recommendations on petroleum market issues to Management and other stakeholders.
  • Provide expert advice on complex planning and analysis problems to senior personnel and Executive Management.

Minimum Requirements

Candidate must hold a Bachelor’s degree in Business Administration, Marketing, Economics, or Engineering. An advanced degree in economics, energy, or an MBA is advantageous.

Must have over 20 years of extensive experience in the downstream petroleum industry, including market analysis, refinery feedstock procurement, price-reporting, commodity exchanges, or crude oil trading/marketing. Deep knowledge of global crude oil market balances, pricing dynamics, and reporting methodologies is required. Familiarity with refinery and petrochemicals, linear programming, and financial modeling is highly desirable.


Working Environment

Our employees are attracted by challenging, rewarding opportunities supported by significant investment in capital and technology. We prioritize talent development through extensive training and workforce development programs, encouraging employees to enhance their sector-specific skills.

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