Oil trader position
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Find out what's changing Back to current search. What will I get? Better company sector categorisation Easier access to job sectors Ability to feedback on the search beta experience. Supply and trading has a dynamic and highly skilled workforce, which creates value by combining analysis and commercial innovation with the material asset base of BP. Traders, commercial specialists and energy, risk, finance and technology experts — working as one team to maximize our assets.
Supply and trading Supply and trading is BP's face to the traded markets in oil, gas, power, chemicals and finance. Its role is to enhance performance and maximize group value for our assets through distinctive supply, commodity trading, risk management and information technology, underpinned by a world-class finance, control and compliance infrastructure.
Supply is organized through fuels value chains FVCs. FVCs are geographically bounded portfolios of assets, linked by infrastructure, customers, trading relationships and with a distinct competitive structure. We are a high-volume trader of many commodities with multiple customers on several of the world's commodity exchanges. Our people represent a diverse range of talents in supply and trading.
They try to work out how much oil and gas from our various fields and from the global marketplace should go on to each of our refineries to be safely turned into useful products. They must also figure out how to get it there. As products leave the refinery, in the form of gasoline, say, or chemicals or heating oil, the same complex questions apply: This means opportunities for people with a range of skills: We value people with a sharp commercial focus and the ability to develop strong working relationships with customers, suppliers and other BP teams.
People who develop successful careers in supply and trading usually have exceptional knowledge of a particular aspect of the energy industry. Specialist teams, in five trading hubs, working collaboratively to create value for the business. Nowhere is this clearer than in trading analytics, where deep product understanding as well as diverse geographical market knowledge gives us the opportunity to provide significant commercial value.
Trading analytics comprises of a number of collaborative teams responsible for deriving insights from available market information and analytical tools. These teams include quantitative analytics, market analysis, long-term analytics, structuring analytics and treasury analytics located across our five main trading hubs worldwide - Chicago, London, Houston, Calgary and Singapore.
Their front office role involves liaising with various BP business units and external consultants to collate and analyse market information, and working closely with supply and trading market-facing traders to drive successful trading strategy.
Supply and trading global oil analytics identifies changes in supply and demand fundamentals, and communicates the likely impact on price action to the trading benches — so helping to drive continued growth in trading profits. Bench analysts are primarily concerned with providing short-term analysis to the trading benches. Sitting alongside traders on the relevant bench, they respond to requests for market analysis, key to which are the regular and standardized market reports they create to summarize recent changes in market conditions and provide insight on future expectations.
Bench analysts also undertake ad hoc projects to investigate and answer specific problem statements on their commodity. We value people with strong analytical skills to organize large amounts of information systematically, a good understanding of analytical tools and the communication skills to interact with traders, structures, originators, trading desk analysts and risk teams.
An understanding of risk management and knowledge of the refining sector are important for some of the roles. Talented people, world-class systems and timely information flows — trading operations brings them all into perspective.
Supply and trading is BP's face to the traded markets in oil, gas, power, chemicals and finance. Within supply and trading, trading operations is a vital part of crude and products supply and trading.