Commodities Sales at a BB

Hi guys,

I've always loved keeping up with the markets and all, but never did an internship in S&T.

Recently landed a FT analyst role in commodities sales (energy/metals, paper) at a BB, and couldn't be more excited to begin a career in the markets.

I was hoping if some of you could shed light on the day-to-day activities of an analyst in commodities (not FI or currency). Also, what can I do to prepare myself for the job? What are the best material for learning about oil & gas and metals - for a sales analyst (so I don't think going for an O&G modeling course would be necessary for instance)?

Would greatly appreciate if any of you guys who've done commodities S&T could share your experience.

 

Thanks I've read some primers like the DB O&G, Trafigura's recent whitepaper. The knowledge doesn't really stick as well as I'd like them to. I was thinking more industry-specific stuff, which were also relevant to commodities sales. Like hedging strategies for airlines, utilities, transportation companies, etc.

And my understanding is that at the analyst level you are tasked with the usuals – preparing decks, market updates, simple analysis work, helping to take care of institutional accounts, etc. Didn't think I had to state that so explicitly but I appreciate the response. Anyone else?

 
Best Response

I'm a nat gas scheduler, so can't shed light on being an analyst at a BB. But if you want some stuff to read before starting, Mercatus Energy's blog has some post on hedging for different types of companies, and RBN Energy puts out a daily post talking about major events happening in various commodities. These are in addition to the standard stuff that gets talked about on every other energy post here.

 

Commodities biz is drastically changing. Google can help you....

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