Senior Fuel Oil Trader – Global Arbitrage & Optimization

SK Energy International; Singapore; On-site; SGD 180,000 - 320,000; Full time

Job summary

SK Energy International is seeking a senior Fuel Oil Trader based in Singapore to lead discretionary trades across physical and paper markets. You will optimize feedstock economics, manage positions and logistics, and drive cross-regional arbitrage with overseas desks.

A proven track record in trading and risk management is essential. You will collaborate with operations and bunker desks, identify new opportunities, and maintain market intelligence while building strong industry relationships.

Qualifications

• Bachelor’s degree in business, Finance or other relevant fields.
• 12+ years of commodity trading experience.
• 8+ years of Fuel Oil trading with cross-regional arbitrage and storage/blending experience.
• Experience in refinery optimization or feedstock economics.
• Proven track record of delivering strong P&L and driving bottom-line value.
• Deep understanding of market fundamentals, global trade flows, arbitrage economics, and geopolitical dynamics.
• Sound knowledge of commodity risk management, hedging, risk exposure management, VaR and derivatives.

Responsibilities

• Execute discretionary trades for Fuel Oil, Straight-run Feedstock, and Slurry across both physical and paper markets.
• Optimize refinery feedstock and Fuel Oil economics and balances in a timely and structured manner.
• Manage physical & paper positions, logistics, and inventory in close coordination with operations and bunker trading desks.
• Lead cross-regional arbitrage strategies and risk exposures – including freight, pricing, and operations - in close collaboration with overseas desks.
• Identify and commercialize new trading opportunities across sourcing, logistics, storage, and blending to maximize book profitability.
• Maintain up-to-date market intelligence on market fundamentals, macroeconomic trends, and geopolitical dynamics.
• Build and sustain strong relationships with key market participants, counterparties, and brokers to ensure efficient execution.

Skills

Communication & Co-ordination

Strategic Thinking

Task Leading

People Leading

Self-Leading

Education

Bachelor’s degree in business, Finance or other relevant fields

Job description

SK Energy International is seeking a senior Fuel Oil Trader based in Singapore to lead discretionary trades across physical and paper markets. You will optimize feedstock economics, manage positions and logistics, and drive cross-regional arbitrage with overseas desks.

A proven track record in trading and risk management is essential. You will collaborate with operations and bunker desks, identify new opportunities, and maintain market intelligence while building strong industry relationships.