About this role
We are also accepting applications for our other European office locations. We are seeking an experienced Oil Products Trader to focus exclusively on the origination, execution, and optimization of physical oil trades. This role is centred on identifying and capturing market opportunities, leveraging arbitrage, and maximizing profitability through strategic trading decisions. While the trading function operates independently from Peninsula’s Procurement function, collaboration is essential to optimize shared assets and deliver maximum value. Strong teamwork, communication, and relationship-building skills are critical to success. Execute and manage physical oil trades from origination through delivery, ensuring alignment with company strategy and risk limits. Identify and capitalize on arbitrage opportunities across global markets. Maintain and expand relationships with counterparties, including suppliers, customers, and trading partners. Analyse and interpret market conditions, fundamentals, geopolitics, and market structure to inform trading strategies. Collaborate with Chartering and other internal teams to optimize shipping assets and enhance trade economics. Work closely with the Hedging Desk to manage pricing risk and optimize trade margins. Share market intelligence internally to maximize global trading opportunities. Ensure all trades comply with internal risk management and credit policies. Foster strong collaboration with Procurement and Operations teams when shared assets or synergies can create additional value.