Fuel Oil Trader

4 weeks ago

Sharjah, United Arab Emirates ADAM ENERGY FZE Full time

Job Description:
Key Responsibilities:

- Fuel Oil Trading: Actively engage in fuel oil trading, analyzing market trends, negotiating contracts, and executing trades to meet the company's objectives.
- Blending Operations: Oversee and optimize the fuel oil blending process, ensuring product quality, cost-effectiveness, and adherence to industry standards.
- Market Analysis: Stay abreast of market dynamics, geopolitical factors, and regulatory changes affecting the fuel oil industry. Utilize insights to make informed trading and blending decisions.
- Supplier and Client Relationship Management: Build and maintain strong relationships with fuel oil suppliers and clients. Identify new business opportunities, negotiate contracts, and ensure client satisfaction.
- Risk Management: Develop and implement risk management strategies to mitigate exposure and enhance profitability in a dynamic market environment.
- Contract Negotiation: Negotiate and execute fuel oil contracts, ensuring compliance with industry regulations and company policies.
- Market Intelligence: Provide regular updates on market conditions, competitor activities, and industry developments. Analyze data to identify potential risks and opportunities.
- Documentation: Ensure accurate and timely completion of all trading-related documentation and blending records.

Qualifications:

- A bachelor's degree in business, chemistry, or a related field.
- Proven experience as a Fuel Oil Trader with a background in fuel oil blending.
- In-depth knowledge of the international fuel oil market, including blending techniques, pricing mechanisms, and industry regulations.
- Excellent negotiation and communication skills.
- Ability to thrive in a fast-paced and dynamic trading environment.
- Proficiency in relevant trading and blending software and tools.

**Benefits**:
We offer a competitive compensation package that includes a base salary, performance-based bonuses, health benefits, and opportunities for professional growth within our organization.

**Job Types**: Full-time, Permanent

**Salary**: AED15,000.00 - AED50,000.00 per month

Ability to Commute:

- Sharjah (preferred)

Ability to Relocate:

- Sharjah: Relocate before starting work (preferred)

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