Crude oil or gasoline?
Hello, I received offers for both crude oil and gasoline trading development role in a physical trading shop. Both options looks great and wonder if anyone had advice & insights on both paths.
Hello, I received offers for both crude oil and gasoline trading development role in a physical trading shop. Both options looks great and wonder if anyone had advice & insights on both paths.
+16 | Networking Advice? | 6 | 5d | |
+15 | Conduit CMBS - Analysis / Underwriting | 2 | 5d | |
+15 | Things to expect under S&T internship_ Macro & Credit Sales | 3 | 4d | |
+13 | Academic Papers on Global Macro/Fixed Income trading | 9 | 22h | |
+12 | DCM vs Financial Institutions Sales Rotation | 1 | 6d | |
+11 | Basics of RT Power Trading | 1 | 1d | |
+9 | Power trading | 4 | 5h | |
+9 | Do You Regret Going Into Prop trading? | 6 | 6d | |
+8 | List of Physical Commodity Houses? | 3 | 3d | |
+6 | What all can I learn at an S&T desk?? | 1 | 5d |
Career Resources
Pick the better team. Track record of PMs/trader, process of trade construction, culture (mentorship), assets
IF both teams are equally good i would suggest Crude since it will always be around,
May I ask why you think Crude will always be around? My understanding is that most of it goes into the refinery complex and used to create end use Products a.k.a fossil fuels which we will be on the way out come the abolition of the combustion engine for road vehicles severely hurting demand. Yes, there are Bio-Gasoline and Bio-Diesel etc. so is this where your point stems from? Thanks.
You said it yourself, most of it goes towards things like diesel and gasoline. What about everything else?
It’s less vulnerable to switching than gasoline at least, which is used almost exclusively for road transport and has EVs coming. Crude at least has other uses (jet and tanker fuels have no EV equivalents yet, not to mention plastics or asphalt).
Facere ut incidunt dignissimos minus autem eligendi magnam. Aut sequi eaque ullam in itaque. Voluptatem consequatur pariatur sunt. Est iusto et est officiis exercitationem. Voluptatibus inventore amet culpa neque itaque.
Cumque qui laboriosam modi ut dolores tenetur eius necessitatibus. Earum rerum sit numquam maiores enim distinctio quisquam.
Eos magnam eveniet sit omnis eum velit quod. Voluptatem aut ex ducimus sequi sunt. Sed corrupti enim officiis illo. Deserunt minus iste voluptas accusantium officia accusamus.
See All Comments - 100% Free
WSO depends on everyone being able to pitch in when they know something. Unlock with your email and get bonus: 6 financial modeling lessons free ($199 value)
or Unlock with your social account...