Refined Products Trader

1 day ago


Houston, Texas, United States Loves Travel Stops & Country Store Full time
Job Title: Trader of Refined Products

We are seeking a highly skilled and experienced Trader of Refined Products to join our team at Musket Europe SARL. As a key member of our trading team, you will be responsible for optimizing supply to Loves Truck Stops and 3rd party customers, identifying arbitrage opportunities, and managing both top line and bottom-line earnings.

Key Responsibilities:
  • Supply cheapest supply to clients
  • Shipping Musket product
  • Signing aggressive third-party supply contracts
  • Conducting day deals with suppliers for various commodities
  • Setting up all possible rack pull points
  • Optimizing commodities in their markets
  • Determine best shipping strategy based on market economics
  • Learn pricing trends in market for various commodities
  • Maintain relationships with suppliers and customers
  • Look for additional ways to maximize marketing opportunities for various commodities
  • Communicate monthly and daily strategy with basis trader and regional marketer
  • Communicates daily strategy by attending morning and afternoon conference calls
  • Maintain book position through hedging properly and monitoring Solarc book status
  • Maximize and publish P&L daily for various commodities
  • Trade and manage exposures for various commodities
  • Price discovery for various commodities
  • Effectively Manage asset base
Requirements:
  • 15 + years of experience in commodity trading
  • Experience importing greater than 500kt/m refined products into the UK
  • Deep knowledge of UK tricking and retail margins
  • Experience with UK bio-blending
  • Deep knowledge of US, European, and Asia refined and renewable product markets
  • Understanding of rack market dynamics including technology, supply & demand, and customer base
  • High level of price risk management expertise
  • Understanding of physical international fuel supply chain
  • 5+ years of experience in retail fuel optimization, including technology platforms and services
  • Understanding dispatch and trucking for delivery to end-users
  • In-depth knowledge of US retail fuel dynamics, including retail fuel trucking and storage
  • Complex understanding of convenience store operations and pricing
  • Understand shipping and cartage for delivery to end-users
Skills and Physical Demands:
  • Knowledge of Microsoft Office
  • Good written and oral communication skills, team player, exceptional customer service, keen attention to detail, strong organizational skills, self-motivated, good time management skills, and prioritization skills
  • Strong English language skills
  • Vocal contributor and team player due to flat organizational structure

Loves has been fueling customers journeys since 1964. Innovation and perseverance continue to lead the way for the family-owned and -operated business headquartered in Oklahoma City with more than 40,000 team members in North America and Europe.

The company's core business is travel stops and convenience stores with more than 630 locations in 42 states.

Loves continues its commitment to offer products and services that provide value for professional drivers, fleets, four-wheel customers, RVers, alternative fuel and wholesale fuel customers.

Giving back to communities Loves serves and maintaining an inclusive and diverse workplace are hallmarks of the company's award-winning culture.

The Loves Family of Companies includes:

  • Gemini Motor Transport, one of the industry's safest trucking fleets
  • Speedco and Loves Truck Care, the largest oil change and preventive maintenance and total truck care network
  • Musket, a rapidly growing, Houston-based commodities supplier and trader
  • Trillium, a Houston-based alternative fuels expert
  • TVC Pro-driver, a commercial drivers license (CDL) protection subscription service


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