Physical Oil Trader

Responsibilities:

• Develop and execute physical trading strategies for refined products, maximizing profitability while managing risk.
• Source and market cargoes within the region and globally, leveraging upstream and downstream assets - focusing both on system and 3rd party trading.
• Build and maintain strong relationships with counterparties, including NOCs, IOCs, traders, refineries, and shipping partners.
• Conduct market analysis and identify trading opportunities based on supply-demand fundamentals, arbitrage, and pricing trends.
• Collaborate closely with internal teams: operations, shipping, finance, and risk management to ensure seamless trade execution.
• Monitor and manage exposure, P&L, and trading book performance in line with corporate risk policies.

Requirements:

• Minimum 10 years of experience trading refined petroleum products in the Middle East, preferably with an oil major, trading house, or NOC.
• Strong product trading experience in Light or Heavy Distillates.
• Proven track record of delivering trading profitability.