Oil Trade House Technical Interview

Prepping for an upcoming interview and came across a past question: “explain the major units of a refinery, how different slates have different characteristics, how these characteristics are affected by the units they run through, and what products would come out of these units.”

My answer would generally focus on describing the distillate tower, catalytic cracking (FCC / hydro cracker), reformer, hydrotreater, and coker. Then I’m confused what they mean for the difference characteristics of slates part but perhaps focusing on how different refineries are optimized to run heavier, sour blends vs sweeter blends in the US due to a historical anticipation of having to refine Russian crude. In terms of how this would impact the units, depending on whether the slate is heavier or sour, this would have an impact on the products that certain units are optimized to produce. For example, a Coker is better for heavier crudes and would yield heavier products like petroleum coke. An FCC would run better on lighter gas oil to yield gasoline vs a hydro cracker provides a wider range of products preferring heavier crudes yielding diesel, jet fuel, and gas oils. Hydrotreaters are especially suited to non-polluting jet fuel while reformers for gasoline (especially from naphtha so lighter crudes would presumably be better here). 

I would appreciate any feedback to refine my answer or insight if I am in the right direction. 

1 Comments
 
Most Helpful

At consequatur nisi architecto magnam dolor officia vel. Magni enim nam ea odio qui eum et. Et repellendus distinctio aperiam quos a.

Voluptatem architecto necessitatibus nihil voluptas quo odit nulla. Qui libero nam est explicabo sit sit molestiae. Cum ut repudiandae assumenda. Quasi ab et earum ad suscipit exercitationem modi.

Career Advancement Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • JPMorgan 01 98.3%
  • Morgan Stanley 08 97.8%
  • Goldman Sachs 02 97.2%

Overall Employee Satisfaction

July 2026 Investment Banking

  • Moelis & Company No 99.4%
  • Evercore No 98.9%
  • Morgan Stanley 01 98.3%
  • Banco Santander 02 97.8%
  • BMO Capital Markets 12 97.2%

Professional Growth Opportunities

July 2026 Investment Banking

  • Evercore 01 99.4%
  • Moelis & Company 01 98.9%
  • Morgan Stanley 06 98.3%
  • Goldman Sachs 01 97.8%
  • JPMorgan 01 97.2%

Total Avg Compensation

July 2026 Investment Banking

  • Vice President (16) $429
  • Associates (46) $258
  • 3rd+ Year Analyst (8) $210
  • 2nd Year Analyst (23) $182
  • Intern/Summer Associate (14) $159
  • 1st Year Analyst (82) $151
  • Intern/Summer Analyst (73) $101
notes
16 IB Interviews Notes

“... there’s no excuse to not take advantage of the resources out there available to you. Best value for your $ are the...”

Leaderboard

1
redever's picture
redever
99.2
2
Secyh62's picture
Secyh62
99.0
3
kanon's picture
kanon
99.0
4
BankonBanking's picture
BankonBanking
99.0
5
GameTheory's picture
GameTheory
98.9
6
dosk17's picture
dosk17
98.9
7
CompBanker's picture
CompBanker
98.9
8
DrApeman's picture
DrApeman
98.9
9
Betsy Massar's picture
Betsy Massar
98.9
10
Linda Abraham's picture
Linda Abraham
98.8
success
From 10 rejections to 1 dream investment banking internship

“... I believe it was the single biggest reason why I ended up with an offer...”