Oil and Gas Trader Jobs in the UAE
Whether you are an aspiring oil and gas trader or experienced, it pays to know more about the types of jobs available. You will be able to find out what you can expect as a worker, what responsibilities you will be expected to perform, and how much you can earn.
Urgent Hiring for Oil and Gas Trader
Several companies in the UAE are urgently looking for Oil and Gas Traders. Applicants must possess a bachelor’s degree and a good understanding of the commercial aspects of the industry.
Candidates must be capable of managing projects on their own and able to deliver progress reports. In addition, applicants must be able to perform various tasks, including analyzing the market and conducting feasibility studies.
In addition to the above duties, candidates must be able to make a trade proposal and negotiate with shipping companies for price fixing. Applicants must also be able to maintain a list of potential trading opportunities until the company is ready to take them on.
They must also have the requisite trade licenses and government registrations. Finally, they must be able to decide and execute the trading opportunities.
Other roles in oil and gas trading include managing different storage processes and oil and commodity operations. Candidates must have a good understanding of the industry and an impressive track record in sales.
A bachelor’s degree is also required, as are at least 6 years of experience in the oil and gas industry. Finally, applicants must be able to maintain a list of trading opportunities, including enhancing existing business and finding new opportunities.
Job Description
An oil trader’s typical day-to-day activities include monitoring the world market, making trading decisions based on most minor market movements, and communicating actual trades to relevant parties. They also conduct trades via phone and electronically.
They also keep a close eye on the oil and gas industry news and collect data on oil assets. They also conduct economic analysis, analyze strategic choices, and conduct asset-backed trading strategies.
Oil and Gas Trader Jobs in the UAE require applicants to have a bachelor’s degree in a related field, experience in oil and gas trading markets for a minimum of three to five years, and an excellent understanding of commercial aspects, terms of payment, and oil and gas trading.
Additionally, candidates need to be able to determine trading opportunities, implement them, and keep them open until the company is ready to take them. They will also need experience in natural gas distribution and pipeline construction.
RTC-1 Employment Services Company
RTC-1 Employment Services is a Dubai-based employment and recruitment company that offers oil and gas trade jobs in the UAE. The company aims to connect employers and job seekers and offer the best services at pocket-friendly prices.
The company also encourages the professional growth of its employees. The company has a dedicated team of experts who ensure that it provides the most comprehensive and accurate recruitment services.
The company has also crafted a unique recruitment process to hire only the most suitable candidates. RTC-1 Employment Services provides employment opportunities to candidates from all walks of life.
Job Duties
| Hiring Organization | RTC-1 Employment Services |
| Post Name | Oil and Gas Trader |
| Qualification | At least 5 years of experience in the similar role |
| Industry | Private |
| Employment Type | Full-Time |
| Work Hours | 8 Hours |
| Salary | Attractive Salary |
| Location | Dubai 00000 |
Taking on an oil and gas trader job in the UAE requires time and resources. The role can be pretty rewarding, but it is also highly competitive. To succeed in this role, you need to have a good grasp of the industry and a keen interest in your chosen trade.
The duties of an oil and gas trader are varied, from liaising with shipping companies for price fixing to coordinating the crews of drilling rigs. Typically, the job involves working 40 hours a week.
In addition to the standard duties of a trader, you will need to learn how to conduct your trades and interact with your superiors. The duties of an oil and gas trader will also include assisting in the transport of service rigs and drilling equipment. In addition, you will also have to ensure that your custom requirements are met.
To succeed in this role, you will need to demonstrate an understanding of the market and its needs, as well as the latest technological innovations. Among the duties of an oil and gas trader is conducting several trades by telephone, email, or electronic means.
You will also need to understand the complexities of the payments and commercial terms involved in your trades. You will also need to know how to maintain a good relationship with your superiors.
Skills
Getting an Oil and Gas Trader job in the UAE requires many skills. Typically, candidates need a bachelor’s degree in business or related fields. However, some companies do not require a degree.
Oil and gas traders need to be knowledgeable about the physical and derivatives markets. They must also have good communication skills and be able to interact with people at all levels of the company. They should also have a track record of profitable oil trading.
They should be willing to work in a multicultural environment. They should have a solid understanding of regional oil markets and storage facilities. They should also have good banking relationships. They should be comfortable dealing with credit risk, counterparty risk, and derivatives.
Some skills that oil and gas traders should have are an understanding of the pipelines and storage facilities, an understanding of the paper hedging market, and an ability to monitor the regional demand and supply scenario. They should also have a strong sense of ethics and integrity.
They should be willing to work in a fast-paced environment. They should also be able to work on their initiative. They should be able to produce feasibility studies and write functional specifications. They should also be able to perform market research and deliver progress reports.
Responsibilities
Oil and Gas Trader jobs in the UAE involve monitoring the world market industry and communicating the significant trades to the relevant parties. Depending on the company’s needs, the Trader will also liaise with various organization functions.
As a result, the Trader should have strong knowledge of the oil products and derivatives. He or she should also be familiar with the terms of payment and commercial aspects. He or she should also be capable of working in a multicultural environment.
The Trader will also be required to develop new business opportunities and enhance existing business. He or she will also be required to communicate the technological vision of the organization, informed by strategic goals. This is expected to involve writing functional specifications and scripting in Java and other languages.
The Trader should also be interested in the oil industry and banking relationships. He or she should have experience working in an international cargo trading company.
He or she should also be familiar with standard industry computer programs. Ideally, the Trader should have at least a bachelor’s degree. He or she should also have a few years of experience in this field.
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Salary
The average salary for oil and gas trader jobs in the UAE is between 297,000 AED and 414,000 AED. However, it’s important to note that the salary depends on your skills and years of experience.
Oil and gas trader jobs in the UAE are typically full-time positions. They involve monitoring prices, establishing business relationships, and updating a database. Occasionally, they also require the candidate to work on weekends and holidays.