Crude Oil Trader II

alphanumeric; Houston, Northern (TX, KY); Hybrid; USD 150,000 - 230,000; Full time

Job summary

EOG Resources, Inc. in Houston seeks an experienced Crude Oil Trader II to optimize crude production value through commercial strategies across assets and markets.

You will manage physical transactions, assess markets, and negotiate agreements, coordinating with scheduling, operations, and other stakeholders to secure market access. Ideal candidates bring 5–7+ years of trading experience, strong risk management, and familiarity with platforms like Allegro or Endur, plus advanced Excel modeling

Qualifications

• Bachelor's degree in Finance, Economics, Engineering, Business, or related field.
• 5-7+ years of crude oil trading or related experience with knowledge of physical crude markets.
• Strong knowledge of North American pipeline systems, tariffs, storage, and logistics.
• Experience with trading/scheduling platforms and advanced Excel modeling.

Responsibilities

• Originate, structure, negotiate, and execute physical crude oil transactions across spot, monthly, and term horizons.
• Develop market views, identify trading and commercial opportunities, and manage positions to maximize realized value within established risk parameters.
• Partner with scheduling, midstream and operations teams to execute commercial strategies and optimize crude oil movements.
• Maintain strong commercial relationships with counterparties, pipelines, terminals, producers, and marketers.
• Build valuation models, perform scenario analysis, and prepare reporting & presentations for management and risk oversight.
• Uphold strict compliance, credit, and operational controls.

Skills

Crude oil trading experience

Analytical capability

Risk management

Excel modeling

Education

Bachelor's degree in Finance/Economics/Engineering/Business

Tools

Allegro

Endur

Job description

Job Details

Crude Oil Trader II Houston,TX

Job Category: Gas/Oil Marketing

Position Type: Full Time, Regular

The Crude Oil Trader will be responsible for optimizing the value of the company's crude oil production through the development and execution of commercial strategies across assigned assets and markets. This role manages physical crude oil transactions, evaluates markets and transportation opportunities, negotiates commercial agreements, and works closely with scheduling, operations, and other internal stakeholders to ensure reliable market access and maximize realized value. The position requires the ability to independently identify opportunities, manage commercial risk, and make timely decisions in a dynamic market environment.

Key Responsibilities

• Originate, structure, negotiate, and execute physical crude oil transactions across spot, monthly, and term horizons.
• Develop market views, identify trading and commercial opportunities, and manage positions to maximize realized value within established risk parameters.
• Partner with scheduling, midstream and operations teams to execute commercial strategies and optimize crude oil movements.
• Maintain strong commercial relationships with counterparties, pipelines, terminals, producers, and marketers.
• Build valuation models, perform scenario analysis, and prepare reporting & presentations for management and risk oversight.
• Uphold strict compliance, credit, and operational controls.

Job Requirements

• Bachelor's degree in Finance, Economics, Engineering, Business, or related field.
• 5-7+ years of crude oil trading, marketing, origination, or other relevant commercial experience, with demonstrated knowledge of physical crude oil markets.
• Strong understanding of North American pipeline systems, basis markets, tariffs, storage, nominations, and physical logistics.
• Demonstrated analytical capability and disciplined risk management.
• Experience with trading/scheduling platforms (e.g. Allegro, Endur) and advanced Excel modeling.

Preferred

• Established industry relationships with refiners, marketers, midstream companies, and other crude oil market participants.
• Demonstrated track record of identifying and executing commercial opportunities that improve realized value and/or margins.
• Experience trading Permian crude oil markets
• Strong understanding of crude oil pricing, market dynamics, optionality, and physical arbitrage opportunities.
• Experience compiling Power Point presentations and ability to clearly and concisely present to executive management & other stakeholders

Position will be filled a level commensurate with experience.

EOG Resources, Inc. is an Equal Opportunity Employer, including Veterans and Disabled.

Equal Employment is the Law