Oil Trading Jobs in Bahrain

Leading job portal Naukrigulf has announced the availability of prominent career opportunities in Oil Trading within the Kingdom of Bahrain. These positions represent a golden chance for experienced professionals to join the dynamic vital energy sector in the heart of the Arabian Gulf. Bahrain, with its developed financial and commercial infrastructure, is a significant regional hub for commodities trading activities, particularly oil and petroleum products.

Overview of the Role

The available roles within the scope of Oil Trading Jobs will be responsible for the operational and strategic aspects of trading crude oil and refined products. Oil traders operate in a fast-paced environment where prices fluctuate based on geopolitical, economic, and global supply and demand factors. The focus will be on executing trades, managing risk, and analyzing market trends to maximize profitability and operational efficiency.

Key Expected Responsibilities and Duties

• Market Analysis: Monitor and analyze global factors affecting oil prices, including inventory data, OPEC+ production, geopolitical events, and macroeconomic trends.
• Trade Execution: Conduct trades for crude oil or petroleum products via futures, spot, or swap contracts, in coordination with market brokers.
• Risk Management: Identify, assess, and manage financial and operational risks associated with trading positions, including price, credit, and liquidity risk.
• Logistical Analysis: Coordinate with logistics teams to arrange transportation, storage, and delivery, with an understanding of shipping costs and global trade patterns.
• Financial Modeling: Develop financial models and performance reports to evaluate the profitability of trades and trading strategies.
• Contract Negotiation: Draft, review, and negotiate sale and purchase agreements with suppliers and clients on a regional and international level.
• Stakeholder Communication: Build strong relationships with customers, suppliers, brokers, refineries, and financial institutions.

Required Qualifications and Skills

• Academic Degree: A Bachelor's degree in Engineering (Chemical, Petroleum, Mechanical) or in Business, Finance, Economics, or a related field. A Master's degree (e.g., MBA) may be an added advantage.
• Work Experience: Proven experience of at least 3 to 5 years in oil or petroleum products trading, commodities market analysis, or related risk management. Experience in the Gulf region is a significant advantage.
• Analytical Skills: Exceptional ability to analyze complex data, understanding the fundamental and technical drivers of oil markets.
• Financial Acumen: Strong understanding of financial principles, derivative contracts, hedging strategies, and portfolio management.
• Technical Skills: Advanced proficiency in Microsoft Excel and specialized trading software (such as Bloomberg Terminal, Reuters Eikon) is often essential.
• Personal Skills: High ability to work under pressure, excellent communication and negotiation skills (Arabic/English), strong commercial sense, and attention to detail.

Why Work in Bahrain?

Bahrain offers an attractive working environment for international professionals, with competitive living costs, a comfortable lifestyle, and a vibrant business and expatriate community. The energy and downstream industries are pillars of the Kingdom's economy, providing stability and long-term growth opportunities.

How to Apply for the Position

Applications for these opportunities are exclusively through the Naukrigulf platform. Please visit the Naukrigulf website and search using the keywords "Oil Trading Jobs in Bahrain." Ensure your Curriculum Vitae (CV) is updated in English, highlighting your relevant experience, quantitative achievements, and technical skills. Include a brief cover letter stating your interest and motivation for working in this sector within Bahrain.

Given the highly competitive nature of oil trading jobs, it is advisable to apply as soon as possible after the posting. Ensure your contact information is up-to-date and accurate to enable potential employers to reach you.