MyPetroCareer.com · 20 hours ago
Senior Trader – Fuel Oil/Feedstock
Spring, TX
Full-time
Onsite
Senior Level
7+ years expExxonMobil is one of the world’s largest publicly traded energy and chemical companies, seeking an experienced Feedstocks / Fuel Oil Trader to join their global Heavy Distillates team. This role involves risk-on trading in physical and derivative markets, optimizing assets, managing risk, and collaborating with stakeholders to maximize profitability while ensuring compliance with regulations.
Oil & Energy
Responsibilities
Develop and execute trading strategies for feedstocks / fuel oil, leveraging market fundamentals and ExxonMobil assets to unlock opportunities that capture value
Initiate, negotiate, and execute physical and/or derivative trades to express market views and/or hedge exposures
Continuously monitor market conditions, supply/demand dynamics, and competitive developments, and share them internally
Participate in an active global team where information sharing and close collaboration are highly valued to maximize outcomes
Evaluate and execute discretionary opportunities beyond core business (e.g., storage, blending, freight, arbitrage)
Work closely with Operations team to manage physical inventory positions and optimize transportation and logistics decisions
Manage market and operational risk, ensuring adherence to company policies and industry regulations
Recommend and implement changes to short-term supply and sales plans to optimize asset value (i.e., product yield shifts, import/export adjustments)
Collaborate with Risk, Credit, Legal, Accounting, and other teams throughout the trade lifecycle
Conduct all business with the highest ethical standards and in strict compliance with sanctions and other regulations
Qualification
Required
7-10 years of experience in physical/paper energy trading
Physical and/or derivatives trading experience in petroleum products
Experience with US fuel oil and/or feedstock markets (HSFO / CBO / VLSFO / HSSR / LSSR / VGO) highly preferred
Solid understanding of commodity markets, trade flows, supply/demand fundamentals, arbitrage economics, etc
Proven ability to develop and execute profitable physical / paper trading strategies
Strong analytical, problem-solving, leadership, and organizational skills
Excellent negotiation and communication skills; ability to build collaborative relationships and work on a large global team spanning multiple time zones
Deep understanding of commodity risk management, hedging, VAR and exposure management
Deep knowledge of Jones Act and foreign flag freight, blending, and storage logistics
Company
MyPetroCareer.com
MyPetroCareer.com is the No. 1 job listing website in Nigeria that services primarily the Oil and Gas Sector.
2-10 employees
Funding
Current Stage
Early StageCompany data provided by crunchbase