Oil Products Analyst

Oil Products Analyst

Full-Time 50000 - 70000 £ / year (est.) No working from home possible
E

At a Glance

  • Tasks: Analyse global oil markets and forecast trends in refining economics.
  • Company: Join Eni, a leading global energy company committed to sustainability.
  • Benefits: Enjoy a competitive salary, flexible working options, and career growth opportunities.
  • Other info: Collaborative culture with diverse teams and dynamic work environment.
  • Why this job: Make an impact in the energy transition while developing your analytical skills.
  • Qualifications: Degree in a numerate discipline and strong analytical skills required.

The predicted salary is between 50000 - 70000 £ per year.

Location: London, UK

Contract type: Permanent

Language requirements: Fluent level of English

At Eni, we are looking for an Oil Products Analyst within Eni Trade & Biofuels (ETB) in London. You will be providing in-depth analysis and forecasts related to the global oil markets, focusing on refining economics, supply-demand balances, and market trends, specifically related to Light Ends. This role requires a deep understanding of the oil industry, with a specific focus on refining operations, in addition to geopolitical influences, regulatory changes, and economic factors affecting the sector. The analyst will support decision-making for internal stakeholders, including trading, upstream, and strategic planning teams.

This role offers unparalleled exposure to the full commodity trading lifecycle through close collaboration with our Oil & Freight Trading, Shipping Operations, Scheduling, Credit, Middle Office, Back Office, Insurance, Legal, Finance, and Contract teams. A degree of flexibility is expected to enable knowledge sharing with various members of the operations team and to provide cover when required. Some out of hours work may be necessary, subject to business needs.

Immerse yourself in the fast evolving world of energy trading, particularly in the rapidly growing biofuels market. ETB is committed to supporting your professional development, offering a dynamic environment that values knowledge, innovation, and career progression. This position could be your gateway to becoming a Lead Operator, a Head of Operations, or pursuing new challenges across our global network.

About ETB: ETB is the crude oil, refined oil products and biofuels trading and shipping company of Eni. We are a diverse and dynamic team of around 300 professionals distributed in three offices (Rome, London and Singapore) with the addition in Houston of Eni Trading & Shipping Inc. (ETS Inc) which handles marketing of oils and petroleum products for the US market. Our team is also involved in marketing Eni’s oil equity productions, sourcing hydrocarbons and bio feedstocks, and managing the output of our traditional and green refineries. ETB is at the cutting edge of sustainability and innovation in the global energy market. As a dynamic force within the Eni group, which is a leader in the energy transition, at ETB we are rapidly establishing ourselves as a key player in the new energy landscape, with a sharp focus on biofuels trading. Our work with bio feedstock and bioproducts is central to our mission of shaping a sustainable future. When you join ETB, you become part of Eni – a leading global energy company with over 32,000 employees in 61 countries. Eni is at the forefront of the energy industry, specializing in exploration, production, transport, and marketing of oil, natural gas and biofuels.

Main responsibilities:

  • Synthesizing cross-regional and cross-product fundamental themes, with a particular focus on the Light Ends (LPG, Naphtha, Gasoline).
  • Designing, implementing and improving analytical tools and models to aid the real time understanding of complex market dynamics.
  • Challenging and validating modelling approaches via back-testing and research studies.
  • Maintaining and updating global energy statistics, refining product balances, and future demand/supply forecasts.
  • Preparing reports and presentations for management, advising on crude/refined product profitability to support trading and upstream operations.
  • Proposing and support IT/software improvements to enhance the quality and efficiency of analysis.

Skills and experience required:

  • A university degree in a numerate discipline.
  • Prior experience in a similar role.
  • Strong analytical skills, able to interpret complex data sets and provide actionable insights.
  • Strong attention to detail, able to ensure accuracy in all aspects of market analysis and reporting.
  • Strong collaboration skills, able to work effectively with cross-functional teams to achieve common goals.
  • Able to adjust to changing market conditions and evolving industry trends.
  • Able to propose solutions to complex market analysis challenges and data issues.
  • Fluency in English; knowledge of Italian would be an advantage.

Why ETB?

  • Impactful Work: Join a team that plays a crucial role in Eni’s Net Zero 2050 strategy, benefiting from Eni’s strong trading position and global integration.
  • Collaborative Culture: Experience a truly multicultural, supportive, and dynamic work environment.
  • Career Growth: Rapid learning opportunities with potential for movement across teams and international roles.
  • Work-Life Balance: Enjoy a balanced lifestyle with a comprehensive benefits package that may include health, well-being, and flexible working options.

How to apply: Applications are only accepted through our online application system. Please upload your CV in English.

About Eni: Eni is a global energy company operating in 61 Countries, with over 30,000 employees. Originally an oil & gas company, it has evolved into an integrated energy company, playing a key role in ensuring energy security and leading the energy transition. Eni's goal is to achieve carbon neutrality by 2050 through the decarbonization of its processes and of the products it sells to its customers. In line with this goal, Eni invests in the research and development of technologies that can accelerate the transition to increasingly sustainable energy. Renewable energy sources, bio-refining, carbon capture and storage are only some examples of Eni's areas of activity and research. In addition, the company is exploring game-changing technologies such as fusion energy – a technology based on the physical processes that power stars and that could generate safe, virtually limitless energy with zero emissions.

Working at Eni: At Eni we believe in enterprising people, capable of making a difference and making their contribution with passion and innovation, to respond to the global challenges of the energy transition. For us, the skills and attitudes of each individual, continuous training, and diversity and inclusion are fundamental. We promote flexible ways of working with particular attention to well-being, welfare and work life-balance. Eni will evaluate applications considering plurality and diversity as sources of enrichment. If your application is assessed to be among those most in line with the required profile, you will be contacted to continue the selection process. Whatever your ambition, at Eni you can find the tools to make it happen.

Oil Products Analyst employer: Eni Plenitude

Eni is an exceptional employer, offering a dynamic and collaborative work culture in the heart of London, where you can immerse yourself in the fast-evolving energy trading sector. With a strong commitment to professional development and a focus on sustainability, Eni provides meaningful career growth opportunities and a comprehensive benefits package that promotes work-life balance. Join a diverse team dedicated to shaping a sustainable future while enjoying the advantages of being part of a leading global energy company.

E

Contact Details:

Eni Plenitude Recruitment Team

StudySmarter Expert Advice🤫

We think this is how you could land Oil Products Analyst

Tip Number 1

Network like a pro! Reach out to industry professionals on LinkedIn or attend relevant events. You never know who might have the inside scoop on job openings or can refer you directly.

Tip Number 2

Prepare for interviews by researching Eni and the oil market trends. Show that you’re not just another candidate; demonstrate your passion and knowledge about the industry and how you can contribute to their goals.

Tip Number 3

Practice your analytical skills! Brush up on interpreting complex data sets and be ready to discuss how you’ve used these skills in past roles. This will set you apart as a strong candidate for the Oil Products Analyst position.

Tip Number 4

Don’t forget to apply through our website! It’s the best way to ensure your application gets seen. Plus, it shows you’re serious about joining the team at Eni.

We think you need these skills to ace Oil Products Analyst

Analytical Skills
Attention to Detail
Collaboration Skills
Market Analysis
Data Interpretation
Forecasting
Report Preparation

Some tips for your application 🫡

Tailor Your CV:Make sure your CV is tailored to the Oil Products Analyst role. Highlight relevant experience and skills that align with the job description, especially your analytical skills and understanding of the oil industry.

Craft a Compelling Cover Letter:Your cover letter should tell us why you're the perfect fit for this role. Share your passion for the energy sector and how your background can contribute to our mission at Eni.

Showcase Your Analytical Skills:Since this role requires strong analytical abilities, include examples of how you've successfully interpreted complex data sets in previous roles. This will help us see your potential impact on our team.

Apply Through Our Website:Don't forget to apply through our online application system! It's the best way for us to receive your application and ensure it gets the attention it deserves.

How to prepare for a job interview at Eni Plenitude

Know Your Oil Products

Make sure you brush up on your knowledge of oil products, especially Light Ends like LPG, Naphtha, and Gasoline. Understanding refining economics and market trends will help you answer questions confidently and show that you're genuinely interested in the role.

Showcase Analytical Skills

Prepare to discuss your analytical skills and how you've used them in previous roles. Be ready to provide examples of how you've interpreted complex data sets and turned them into actionable insights. This is crucial for the Oil Products Analyst position.

Understand the Bigger Picture

Familiarise yourself with the geopolitical influences and regulatory changes affecting the oil industry. Being able to discuss these factors during your interview will demonstrate your comprehensive understanding of the sector and its challenges.

Collaborate and Communicate

Since this role involves working with cross-functional teams, be prepared to talk about your collaboration experiences. Highlight instances where you've successfully worked with others to achieve common goals, as this will show you're a team player who can adapt to changing market conditions.