GoodBread:

Although it must be said, I get the sense you're better off starting off at Shell/BP if you want to make it big in oil markets.

I am currently applying as trader. Would you say Shell is better than Glencore? Thought a pure trading company Glencore, Trafigura etc.) might even be better...

 
Best Response

To clarify, I think starting off at a super major might be better. You get experience dealing with assets on a scale that the trading companies can't offer. That's valuable experience and if you're a trader at Shell or BP, you would be making the switch to Vitol/Glencore/Trafi as a trader presumably, once you're ready to make the big bucks.

Vitol's CEO has Shell experience, the head of oil at Glencore has BP experience, which would suggest that pure 'trading house products' are less common in the oil field than in say metals or ags.

But by all means apply to both. It's too competitive a market to limit yourself.

 
GoodBread:

To clarify, I think starting off at a super major might be better. You get experience dealing with assets on a scale that the trading companies can't offer. That's valuable experience and if you're a trader at Shell or BP, you would be making the switch to Vitol/Glencore/Trafi as a trader presumably, once you're ready to make the big bucks.

Vitol's CEO has Shell experience, the head of oil at Glencore has BP experience, which would suggest that pure 'trading house products' are less common in the oil field than in say metals or ags.

But by all means apply to both. It's too competitive a market to limit yourself.

agree 100%... you will never go wrong starting to ending a trading career at BP or Shell

 

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