Trader of Crude Oil (Houston, TX)
Loves Travel Stops & Country Store
Req ID: 451445
Address: 2929 Allen Parkway, Ste 4100 Houston, TX, 77019
BASIC PURPOSE: This purpose of this position is to analyze the crude oil market, both foreign and domestic, as it pertains to demand, inventory and margins. Develop an analytical and fundamental view on front- to- back crude spreads and domestic crude differentials. Develop a crude oil blending position in Cushing and identify arbitrage opportunities along pipeline, truck and waterborne. Assist in the development of the growth of the crude business i.e. storage and blending possibilities. Communicate to the rest of the trading team views and opinions. Integrate Musket into the physical domestic and international trading business.
MAJOR RESPONSIBILITIES:
EDUCATION AND EXPERIENCE:
SKILLS AND PHYSICAL DEMANDS:
Job Function(s): Musket
Love's Travel Stops & Country Stores is the industry-leading travel stop network in the United States. For more than 55 years, we've provided customers with highway hospitality and "Clean Places, Friendly Faces." We're passionate about serving drivers with clean, modern facilities stocked with fuel, food and supplies. We offer meals from popular restaurant chains, trucking supplies, showers and everything needed to get back on the road quickly. The Love's Family of Companies includes:
The Love's Experience
Love's was founded in 1964 on the values of integrity, customer focus, strong work ethic, innovation and perseverance. We are looking for these in every person we hire. No matter what job you do for Love's, your commitment to these values will not only continue our legacy of growth, it will also ensure your successful career.
Address: 2929 Allen Parkway, Ste 4100 Houston, TX, 77019
BASIC PURPOSE: This purpose of this position is to analyze the crude oil market, both foreign and domestic, as it pertains to demand, inventory and margins. Develop an analytical and fundamental view on front- to- back crude spreads and domestic crude differentials. Develop a crude oil blending position in Cushing and identify arbitrage opportunities along pipeline, truck and waterborne. Assist in the development of the growth of the crude business i.e. storage and blending possibilities. Communicate to the rest of the trading team views and opinions. Integrate Musket into the physical domestic and international trading business.
MAJOR RESPONSIBILITIES:
- Responsible for new business development.
- Execute optimal trading strategy for Crude Oil.
- Use market economics and price trends to effectively manage asset base.
- Manage trading positions, Fixed Forwards and market orders based on market structure and supply/demand.
- Direct deal flow to generate growth and maximize top and bottom line new business opportunities.
- Evaluate and analyze storage and blending business.
- Develop broader portfolio strategies to identify and manage major risk exposure.
- Ensure proper contract negotiation, review and execution.
- Develop supply and demand models to analyze current and future market opportunities.
EDUCATION AND EXPERIENCE:
- Education:
- Bachelor's degree in Finance, Business Management, Marketing, Economics required
- Master's degree of Business Administration preferred
- Experience
- With a bachelor's degree in Finance, Business Management, Marketing, Economics, must have five (5) years of business development experience in the wholesale marketing industry managing energy logistics, asset portfolios, and strategies for a diverse product, term, volume, and price contract options; and building natural gas liquids business infrastructure.
- With a Master of Business Administration, must have one (1) year of business development experience in the wholesale marketing industry managing energy logistics, asset portfolios, and strategies for a diverse product, term, volume, and price contract options; and building crude oil business infrastructure.
SKILLS AND PHYSICAL DEMANDS:
- Skills:
- Hard Skills: Knowledge of Microsoft Office, management skills, understanding of risk management and the ability to operate within trading guideline
- Soft Skills: Good written and oral communication skills, team player, exceptional customer service, attention to detail, self-motivated, good time management skills, and innovative thinking
- Typical Physical Demands:
- Requires prolonged sitting, some bending and stooping.
- Occasional lifting up to 25 pounds.
- Manual dexterity sufficient to operate a computer keyboard and calculator.
- Requires normal range of hearing and vision.
Job Function(s): Musket
Love's Travel Stops & Country Stores is the industry-leading travel stop network in the United States. For more than 55 years, we've provided customers with highway hospitality and "Clean Places, Friendly Faces." We're passionate about serving drivers with clean, modern facilities stocked with fuel, food and supplies. We offer meals from popular restaurant chains, trucking supplies, showers and everything needed to get back on the road quickly. The Love's Family of Companies includes:
- Gemini Motor Transport, one of the industry's safest trucking fleets
- Speedco, the light mechanical and trucking service specialists
- Musket, a rapidly growing, Houston-based commodities supplier and trader
- Trillium, a Houston-based alternative fuels expert
The Love's Experience
Love's was founded in 1964 on the values of integrity, customer focus, strong work ethic, innovation and perseverance. We are looking for these in every person we hire. No matter what job you do for Love's, your commitment to these values will not only continue our legacy of growth, it will also ensure your successful career.
JOB SUMMARY
Trader of Crude Oil (Houston, TX)Loves Travel Stops & Country Store
Houston
10 days ago
N/A
Full-time