Fuel Oil Trader

Overview

We are seeking an experienced Fuel Oil Trader to join a growing, agile trading platform based in DMCC, Dubai. This is a pure paper trading role with full focus on market risk, pricing, and P&L generation rather than physical logistics.

Experience:

Minimum 5 years’ fuel oil trading experience. Team Size: 8 total staff globally (with presence in Geneva and London).

• Actively trade fuel oil derivatives and paper instruments (swaps, futures, options, spreads, cracks, time spreads, arb structures).
• Develop and execute profitable trading strategies based on market fundamentals, technical analysis, and relative value opportunities.
• Manage risk within agreed limits, ensuring disciplined position sizing and drawdown control.
• Monitor global fuel oil markets, including refinery activity, shipping flows, inventory data, and macro drivers.
• Work closely with senior management and global colleagues in Geneva and London on market views, positioning, and strategy.
• Maintain accurate trade capture, P&L reporting, and risk metrics.
• Continuously refine trading strategies and adapt to changing market conditions.

• Minimum 5 years of proven fuel oil trading experience, ideally in a paper/derivatives-focused environment.
• Demonstrated track record of consistent P&L generation.
• Strong understanding of fuel oil benchmarks, spreads, and volatility dynamics.
• Experience trading on major exchanges and OTC markets.
• Strong risk management mindset with the ability to operate independently.
• Comfortable working in a lean, entrepreneurial trading setup.
• Strong analytical skills and market intuition.

• Experience trading at a trading house, oil major, hedge fund, or bank.
• Familiarity with related products (crude, distillates) is a plus.
• Existing market relationships with brokers and counter parties is advantageous.

• Pure paper trading seat with no operational or physical constraints.
• Competitive compensation structure aligned with performance.
• Opportunity to be part of a small, high-impact trading team.
• Direct exposure to decision-makers and capital allocation.
• Based in DMCC, Dubai, with interaction across global hubs.