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For Companies At a Glance
- Tasks: Broker fuel oil transactions and monitor global markets for opportunities.
- Company: Join Redstone Commodity Search, a leader in global commodities market solutions.
- Benefits: Competitive salary, dynamic work environment, and growth opportunities in finance.
- Why this job: Be part of a growing team in a fast-paced industry with real impact.
- Qualifications: 3+ years in fuel oil brokering and strong market knowledge required.
- Other info: Located in London, ideal for those passionate about the energy sector.
The predicted salary is between 48000 - 72000 £ per year.
Job Description
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 major financial services firm looking to hire a Fuel Oil Broker to join the growing team in London.
Key Responsibilities / Tasks
- Facilitate physical fuel oil transactions between buyers and sellers, ensuring competitive terms and timely execution.
- Monitor global fuel oil markets, price benchmarks, and trade flows to identify arbitrage opportunities and advise clients.
- Build and maintain strong relationships with oil majors, trading houses, refiners, and end-users to expand the client base.
- Negotiate and draft sale and purchase agreements, ensuring compliance with quality, specification, and delivery terms while minimizing operational risk.
- Role reports to Head of Fuel Oil.
Key Qualifications / Experience
- 3+ years of experience in fuel oil, residual fuel, or refined petroleum product brokering or trading.
- Strong understanding of physical oil markets, pricing benchmarks (Platts, Argus), and global trade flows.
- Completion of recognized brokering and shipping qualifications (e.g., ICS Professional Qualifying Examinations or equivalent).
- Negotiation & Analytical Skills – Proven ability to negotiate high-value deals under pressure and analyse market data to identify profitable opportunities.
- Located in London.
Fuel Oil Broker employer: Redstone Search Group
Contact Detail:
Redstone Search Group Recruiting Team
StudySmarter Expert Advice 🤫
We think this is how you could land Fuel Oil Broker
✨Tip Number 1
Network with professionals in the fuel oil and commodities sector. Attend industry events, webinars, or local meetups to connect with potential colleagues and clients. Building relationships can give you insights into job openings and company culture.
✨Tip Number 2
Stay updated on global fuel oil market trends and news. Follow relevant publications and online platforms to understand current pricing benchmarks and trade flows. This knowledge will not only help you in interviews but also demonstrate your passion for the industry.
✨Tip Number 3
Consider joining professional associations related to commodities trading or oil brokering. Membership can provide access to exclusive job listings, training resources, and networking opportunities that can enhance your profile as a candidate.
✨Tip Number 4
Prepare for interviews by practising negotiation scenarios relevant to fuel oil transactions. Be ready to discuss how you would approach specific situations, showcasing your analytical skills and ability to handle pressure in high-stakes negotiations.
We think you need these skills to ace Fuel Oil Broker
Some tips for your application 🫡
Understand the Role: Before applying, make sure you fully understand the responsibilities of a Fuel Oil Broker. Familiarise yourself with the key tasks mentioned in the job description, such as facilitating transactions and monitoring market trends.
Tailor Your CV: Highlight your relevant experience in fuel oil or petroleum product brokering. Emphasise your understanding of physical oil markets and any qualifications you have completed that are relevant to the role.
Craft a Compelling Cover Letter: Write a cover letter that showcases your negotiation skills and analytical abilities. Provide specific examples of how you've successfully negotiated deals or identified profitable opportunities in previous roles.
Proofread Your Application: Before submitting, carefully proofread your CV and cover letter for any errors. A polished application reflects your attention to detail, which is crucial in the financial services industry.
How to prepare for a job interview at Redstone Search Group
✨Know Your Market
Make sure to brush up on the latest trends in the fuel oil market. Understand key pricing benchmarks like Platts and Argus, and be prepared to discuss how current global trade flows might impact your potential clients.
✨Demonstrate Your Negotiation Skills
Since negotiation is a crucial part of the role, come prepared with examples of high-value deals you've successfully negotiated in the past. Highlight your ability to work under pressure and how you achieved favourable terms for your clients.
✨Build Rapport
Show that you can build and maintain strong relationships with various stakeholders. Be ready to discuss how you've previously expanded a client base or maintained relationships with oil majors and trading houses.
✨Prepare for Technical Questions
Expect questions that test your understanding of physical oil markets and operational risks. Be ready to explain how you would draft sale and purchase agreements while ensuring compliance with quality and delivery terms.
