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indeed

Light Distillate Trader

Chevron
Dubai, UAE
Full Time
Mid
Onsite
4 weeks ago
Physical TradingDerivatives TradingRisk ManagementMarket AnalysisNGLNaphtha
Free

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Physical TradingDerivatives TradingRisk Management
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Job Description

  • Execute all trading and commercial transactions related to equity volumes, supply activity for refineries and third party trading for profit positions.
  • The Light Distillate Trader is responsible for developing and executing integrated physical and/or derivatives trading strategies in the Asia/East of Suez Light Distillate markets.

Key Job Responsibilities

  • Trade physical Naphtha, Mogas and Components (spot and term) in East of Suez markets.
  • Develop and execute physical trading strategies based on market structure, arbitrage signals, and regional supply/demand fundamentals.
  • Monitor regional NGL/LPG flows, arbitrage routes, and infrastructure dynamics.
  • Work closely with operations, shipping, and commercial support teams.
  • Collaborate with analytical teams to identify trends, quantify value, and improve trading decisions.
  • Manage risk exposure through derivatives (swaps, futures, options) across multiple time horizons.
  • Maintain strong relationships with brokers, counterparties, and internal stakeholders.
  • Ensure adherence to compliance standards and Chevron’s Operational Excellence principles.

Required Qualifications

  • Degree Level (or equivalent) in Engineering, Economics, Business, or related fields preferred.
  • Proven experience in NGL, naphtha or gasoline trading, with strong knowledge of physical and paper instruments and hedging strategies.
  • Strong analytical skills and ability to make quick, informed decisions under pressure.
  • Excellent communication and negotiation skills.
  • Flexible approach to working hours.
  • Periodic travel may be required.

Preferred Qualifications

  • Solid understanding of refining economics, blending, and arbitrage flows (East of Suez and globally).
  • Solid understanding of NGL value chain (production fractionation transport markets).
  • 3+ years of trading experience in Refined Products.

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