1. Search Results

  2. Physical Oil Trading Basics (Part 1 of 2)

    I have seen a few posts on the Commodities Trading forum asking about how petroleum trading is priced, hedged, etc. I was reasonably high up in Risk Management for a "major" trading company in Houston for a few years and am now running a hedge b ...

    72 comments - 38 silver bananas - Jun 3 2018 - 8:00pm -

  3. Shell Trading Development Programme Assessment/Interview

    I just received an invitation to take the Shell TDP assessment, and I was wondering if any TDP alum can share their insight. Also, I hear the interview is brutal.. so if anyone has anything to say about that I would appreciate it. Thanks Shell Oil Trading ...

    269 comments - 16 silver bananas - Sep 15 2017 - 10:04pm -

  4. How to get a start in physical oil trading/ops/scheduling?

    Moderator Note: This post originally went up 07/2012 and we thought it deserved to go back on the homepage for those who may have never seen it. As someone with a non-finance/economic educational background, how easy is it to break into the 'oil trad ...

    305 comments - 2 silver bananas - Nov 8 2017 - 3:03am -

  5. How to break into oil trading?

    Masters Student in Finance here, have internship experiences in corporate treasury, trading FX, and fund management. My FX Dealer senior tells me that the FX market now has lower margins and is more competitive because the FX market is now more transparen ...

    34 comments - 0 silver bananas - Apr 12 2019 - 2:33pm -

  6. Oil Vs Gas Vs Power Trading, Which one to chose

    Hi, Interested in learning from others on what its like to establish / specialize in each of the 3 big energy commodities. How easy is it to transition from one to the other? I would assume Gas to/from Power have a fairly easily transition? Also, what is ...

    54 comments - 0 silver bananas - Feb 26 2017 - 10:05pm -

  7. LPG??

    Seems trading this product is still somewhat niche and that the market still has a ways to go before it becomes as mature as gasoline, heating oil etc. Does anyone know much about what being in the LPG trading business is like in terms of volatility, liqu ...

    32 comments - 0 silver bananas - Oct 9 2015 - 4:55pm -

  8. Iran Cuts Off Oil to Britain, France

    Iran is really painting itself into a corner over its nuclear program. Not only is Israel widely expected to attack Iran in the coming months, but now Iran is further alienating the West by cutting off oil supplies to Britain and France. The move is likel ...

    32 comments - 0 silver bananas - Feb 20 2012 - 6:45am -

  9. Oil/Energy Trading superior to Prop Trading?

    It seems to me that a lot of people these days think that trading oil and energy is better than trading equities or fixed income and I'm not sure why. I am not familiar with oil trading companies and their business model. Can someone shed me some lig ...

    47 comments - 0 silver bananas - Jul 9 2011 - 4:56pm -

  10. Energy Trading / Commercial Analyst Programs

    I've read through all the topics related to energy trading roles, and I know that you have to start in ops/scheduling before moving on to become a real trader. However, my background (chemical engineering major) isn't really suitable for obtaini ...

    38 comments - 0 silver bananas - Aug 4 2012 - 2:51pm -

  11. Who is/has been short [BP]?

    I have been for awhile what about you guys? UBS jpm Goldman Sachs CNN Harvard microsoft Yale cnbc BP princeton Sony Short Position Oil Trading redtube end of the world fox news aol ...

    23 comments - 0 silver bananas - May 30 2010 - 5:59pm -

  12. Do oil companies tend to be very bureaucratic

    Accepted an offer for a trading position in major european oil company. But, I am shocked by how slowly decisions are taken, and by the huge amount of paper-work and bureaucratic work. Is this the trend in the industry, or just happen to have joined the m ...

    15 comments - 0 silver bananas - Jul 13 2011 - 10:30am -

  13. Crude, Gasoline or NGL's?

    I work for a large oil company with a massive commercial business. I do financial PnL analysis for a commodity trade desk but have been given an opportunity to pursue other interests. My manager was nice enough to reach out to the manager of the Market An ...

    13 comments - 0 silver bananas - Oct 14 2013 - 2:39pm -

  14. Oil market analysis

    Hi guys, ...

    10 comments - 0 silver bananas - Apr 8 2014 - 5:22pm -

  15. What kind of hedge fund would this be?

    http://harpers.org/archive/2009/03/0082414 I was reading this article and they cover an interview between an "oil fixer" and a hedge fund. This hedge fund has, according to the article, purchased oil refineries that they need to offload and also ...

    9 comments - 0 silver bananas - Aug 18 2012 - 3:58pm -

  16. QUESTION TO PHYSICAL OIL TRADERS/ COMMODITY TRADERS

    Just a question fellas. Why exactly does a physical oil trader exist and how do they capture profit in the grand chain? I noticed that crude oil-> refinery-> refinery sells to commodity traders (Glencore, Trafigura, Gunvor, Vitol, etc).-> trader ...

    5 comments - 1 silver bananas - Jul 19 2018 - 9:51am -

  17. Big Oil trading VS Physcial Commodities Shop

    What's the difference in style and strategy between the two? I work in a major oil company's commercial arm in the Middle Office but I might have an offer coming soon from a major physical trading shop for a Middle Office role that might be an e ...

    6 comments - 0 silver bananas - Apr 9 2013 - 3:22pm -

  18. Total Oil Trading

    Hello Guys, I came across a company called Total Oil Trading (Totsa), can anyone give some colors of this company? What did the do in general? I could not figure out how they make money from their website http://www.totsa.com/home.php Oil Trading ...

    5 comments - 0 silver bananas - Jun 12 2013 - 11:21pm -

  19. Oil and Gas Trading Info

    Recently accepted an offer with an oil/gas/electricity IDB in Houston, and I am looking to learn more about the industry. I am wondering what are some good books, magazines, or websites to read that will help me learn the basics of trading physical? Oil T ...

    4 comments - 0 silver bananas - Feb 21 2015 - 4:54am -

  20. Oil Trader @ Citadel

    I have absolutely no background in oil trading, but having got a bit fed up/bored with my career in a big conservative AM i decided to branch out and explore other options. Through sheer luck and good timing an opportunity has come up to (potentially) joi ...

    3 comments - 0 silver bananas - Jan 7 2015 - 7:43am -

  21. Commodities/Oil Trading at Companies like Glencore, Trafigura, Vitol, Etc.

    Looking for a brief overview of the trading done at big commodity shops like the companies listed in the title. What is compensation like (does it rival I.B.)? How often does a trader travel? Do they give internships/training programs out of university or ...

    2 comments - 1 silver bananas - Mar 30 2019 - 10:31pm -

  22. Oil Trading Internship Preparation

    Hello everyone, I was hoping to apply to and secure oil trading internships (in companies like Trafigura) for the summer of 2013. I have been preparing by researching the firms and looking at previous interview questions as well as by reading through some ...

    3 comments - 0 silver bananas - Mar 17 2012 - 6:49pm -

  23. Questions regarding Trading

    What is a good major for commodities trading, particularly oil/gas trading? I want to be a petroleum engineer, so what past that would help me secure a position at a Crude or NatGas desk? Furthermore, if I take the 4-6 years immediately after my degree to ...

    3 comments - 0 silver bananas - Jul 18 2011 - 4:25pm -

  24. Entering Commodities Trading from Operations Background

    Good evening, I am writing to ask this forum for some career advice. Currently, I work for a supermajor oil & gas company doing a variety of operations/procurement-focused roles, however I am looking to potentially move into commodities trading, lever ...

    2 comments - 2 silver bananas - Nov 7 2018 - 10:40pm -

  25. question about oil trading

    Physical gasoline commodity trading Does anybody here work in Oil trading or has experience in gas station business. I have few questions if the "terminal" price of gasoline is $3.12 for all the gas stations and it sells in the gas station for $ ...

    2 comments - 1 silver bananas - Nov 17 2012 - 5:41pm -

  26. Oil Trading Case Studies

    Does anyone have any resources on oil trading case studies/investment scenarios that might be presented during junior level interviews? I am coming from a research background and I have only a basic understanding of the crude oil/energy markets. I am appl ...

    1 comment - 1 silver bananas - Oct 12 2017 - 2:02pm -

  27. FT Oil trading prep

    Hi guys, I'm interested in applying for FT oil trading roles in a country which is an oil trading hub. However, I do not have oil related internships, and am wondering what I can do right now. My background:- Internships in real estate investment, bo ...

    1 comment - 0 silver bananas - Aug 22 2014 - 10:26pm -