Middle Distillates Trader, Dubai Middle Distillates Trader, Dubai …

Redstone Commodity Search
in Dubai, United Arab Emirates
Permanent, Full time
Last application, 12 Jun 21
Competitive
Redstone Commodity Search
in Dubai, United Arab Emirates
Permanent, Full time
Last application, 12 Jun 21
Competitive
Middle Distillates Trader, Dubai
Redstone Commodity Search focus on offering 360° search solutions to the global commodities markets. With a competitive coverage of Trading Houses, Producers, Majors, Utilities, Merchants, Hedge Funds, Investment Banks and Brokerages; Redstone Commodity Search can confidently offer you an edge in today's volatile market.
Redstone Commodity Search are working with a global commodities business group looking to hire a middle distillates trader for their office in Dubai.

Key Responsibilities / Tasks
  • Responsible for trading middle distillates including LPG, gasoline, fuel oil, jet fuel, kerosene, gasoil, diesel, marine fuels
  • Use futures/derivatives markets to hedge risk and trade speculatively
  • Monitor middle distillates markets conditions and trends to identify and capture trading opportunities
  • Develop and manage storage positions utilizing storage locations
  • Reports into Head of Trading
Key Qualifications / Experience
  • At least 5 years' experience within physical middle distillate trading as well as managing storage facilities
  • Good understanding of paper trading, hedging strategies and arbitrage play
  • Strong knowledge of the domestic and international middle distillates markets
  • Degree level or equivalent in chemical engineering, economics, business, mathematics or similar
  • Located in Dubai
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