We are supporting a leading global cross-commodity trading house with a strong presence across energy, metals, agri, and freight markets. As part of continued growth in their oil trading activities, they are looking to hire an experienced Physical Cross-Barrel Oil Trader to join their Dubai team.
This is a senior, front-office trading role focused on cross-barrel oil trading, covering crude and refined products. The successful candidate will be responsible for originating and executing physical trades, managing risk, and running their own PnL-owning book, with full accountability across sourcing, sales, and deal structuring.
Responsibilities
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Trade physical crude and refined products on a cross-barrel basis across global markets.
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Originate and execute arbitrage and flow trading opportunities across regions, grades, and delivery points.
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Run and manage an independent trading book with full PnL and risk ownership.
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Structure deals incorporating logistics, storage, blending, timing optionality, and financing elements.
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Manage exposure through appropriate hedging strategies and derivatives where required.
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Build and maintain strong commercial relationships with producers, refiners, traders, end-users, shipowners, and brokers.
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Work closely with operations, shipping, risk, and finance teams to ensure smooth execution of trades.
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Monitor market fundamentals, price structures, freight, and geopolitical developments impacting oil markets.
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Ensure compliance with internal risk limits, credit frameworks, and regulatory requirements.
Requirements
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Minimum 5+ years’ experience as a physical oil trader, with proven exposure to cross-barrel trading.
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Strong understanding of crude and/or refined product markets, including pricing structures and arbitrage dynamics.
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Demonstrated track record of consistent PnL generation.
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Solid knowledge of physical logistics, shipping, storage, and trade finance.
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Existing commercial network across producers, refiners, and trading counterparties.
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Strong risk management mindset and commercial judgment.
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Entrepreneurial, self-driven, and comfortable operating in a high-performance trading environment.