Middle Distillates Analyst (Gasoil, Jet and ULSD)

About the role

A growing international energy and commodities trading business is hiring its first dedicated middle distillates analyst. You will build the function, define its approach and work alongside the traders, with direct input into trading decisions. Coverage centres on gasoil, ULSD, jet and kerosene, including fundamentals, flows, refinery economics, outages, policy and macroeconomic drivers. Candidates whose recent experience is mainly in crude or broader products with little distillates exposure are unlikely to fit.

Key responsibilities

• Own the middle distillates outlook, covering global gasoil, jet and kerosene balances, trade flows and their drivers
• Build and maintain country-level demand models, including the impact of policy changes
• Model refinery and non-refinery supply, including biofuels, GTL and synthetics
• Monitor refinery capacity, outages and logistics, keeping the desk's databases current
• Turn analysis into trade ideas, including scenarios, relative value opportunities and timing
• Work with data scientists and engineers to develop pipelines and tools supporting trading decisions
• Mentor graduates and junior analysts as the function grows

Required profile

• At least six years of oil products market analysis experience, with middle distillates as core coverage
• Experience at a trading house, oil major, refiner or specialist analytics business, with direct trading-floor exposure
• Evidence that your analysis has influenced trading decisions, positions or P&L
• Degree in petroleum or chemical engineering, economics, statistics, computer science or a related discipline
• Spanish, Portuguese, Mandarin or French is useful but not essential

Required skills

• Strong knowledge of refining economics, global oil flows and physical and paper distillates markets
• Advanced Excel, Python and SQL, plus econometric and statistical modelling
• Snowflake experience is a plus

What we offer

• Base salary of up to approximately US$175,000 depending on experience, plus bonus
• Daily collaboration with traders and direct involvement in trading decisions
• Dubai-based role with relocation support; candidates from London, Geneva, Singapore and Houston will be considered