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OMV Oil and Gas - thoughts?
Hi all, Just wondering if anyone has info about OMV, specifically trading roles there? What is the culture like? Is it somewhere you can stay comfortably for a while? Oaf
Sophomore Breaking into S&T
Hello, I am currently a sophomore from a non-target. I have a strong resume of being in the largest undergraduate investment fund in the U.S. As well as being in another undergraduate investment fund that is partnered with the best universities such as Harvard, MIT, Penn, and LSE. I have a weak GPA...
Vitol Graduate Development Program
Has anybody heard much about the graduate program at Vitol? It looks new, like only 2 years old or so, but I've seen some postings on campus for it, as well as a few people on linkedin with the title "Graduate Development Program Analyst." Is there any chance of this role moving into a trading role...
Commodities/Oil Trading at Companies like Glencore, Trafigura, Vitol, Etc.
Looking for a brief overview of the trading done at big commodity shops like the companies listed in the title. What is compensation like (does it rival I.B.)? How often does a trader travel? Do they give internships/training programs out of university or do most people work at a big oil company...
Entering Commodities Trading from Operations Background
Good evening, I am writing to ask this forum for some career advice. Currently, I work for a supermajor oil & gas company doing a variety of operations/procurement-focused roles, however I am looking to potentially move into commodities trading, leveraging my oil & gas supply chain experience and...
Physical Oil Trading Basics (Part 1 of 2)
I have seen a few posts on the Commodities Trading forum asking about how petroleum trading is priced, hedged, etc. I was reasonably high up in Risk Management for a “major” trading company in Houston for a few years and am now running a hedge book at a smaller company, so I thought I may be...
Oil Trading Case Studies
Does anyone have any resources on oil trading case studies/investment scenarios that might be presented during junior level interviews? I am coming from a research background and I have only a basic understanding of the crude oil/energy markets. I am applying to Shell if that makes a difference. If...
Shell Trading Development Programme Assessment/Interview
I just received an invitation to take the Shell TDP assessment, and I was wondering if any TDP alum can share their insight. Also, I hear the interview is brutal.. so if anyone has anything to say about that I would appreciate it. Thanks
LPG??
Seems trading this product is still somewhat niche and that the market still has a ways to go before it becomes as mature as gasoline, heating oil etc. Does anyone know much about what being in the LPG trading business is like in terms of volatility, liquidity and general particuliarities vs other...
Oil and Gas Trading Info
Recently accepted an offer with an oil/gas/electricity IDB in Houston, and I am looking to learn more about the industry. I am wondering what are some good books, magazines, or websites to read that will help me learn the basics of trading physical?
Oil Trader @ Citadel
I have absolutely no background in oil trading , but having got a bit fed up/bored with my career in a big conservative AM i decided to branch out and explore other options. Through sheer luck and good timing an opportunity has come up to (potentially) join Citadel as a junior oil trader. Interview...
FT Oil trading prep
Hi guys, I'm interested in applying for FT oil trading roles in a country which is an oil trading hub. However, I do not have oil related internships, and am wondering what I can do right now. My background: - Internships in real estate investment, boutique IBD ( Clean Energy ), M&A advisory at a...
How to get a start in physical oil trading/ops/scheduling?
Moderator Note: This post originally went up 07/2012 and we thought it deserved to go back on the homepage for those who may have never seen it. As someone with a non-finance/economic educational background, how easy is it to break into the 'oil trading arena'? And by 'oil trading arena' I mean...
Oil market analysis
Hi guys,
Crude, Gasoline or NGL's?
I work for a large oil company with a massive commercial business. I do financial PnL analysis for a commodity trade desk but have been given an opportunity to pursue other interests. My manager was nice enough to reach out to the manager of the Market Analysis/Strategy group to see if they needed...
Total Oil Trading
Hello Guys, I came across a company called Total Oil Trading (Totsa), can anyone give some colors of this company? What did the do in general? I could not figure out how they make money from their website http://www.totsa.com/home.php
Big Oil trading VS Physcial Commodities Shop
What's the difference in style and strategy between the two? I work in a major oil company's commercial arm in the Middle Office but I might have an offer coming soon from a major physical trading shop for a Middle Office role that might be an evolving role (eventually will be working on regression...
Iran Cuts Off Oil to Britain, France
Iran is really painting itself into a corner over its nuclear program. Not only is Israel widely expected to attack Iran in the coming months, but now Iran is further alienating the West by cutting off oil supplies to Britain and France . The move is likely to backfire, however, because Britain and...
Oil Vs Gas Vs Power Trading, Which one to chose
Hi, Interested in learning from others on what its like to establish / specialize in each of the 3 big energy commodities. How easy is it to transition from one to the other? I would assume Gas to/from Power have a fairly easily transition ? Also, what is future career route and exit opp (just in...
question about oil trading
Physical gasoline commodity trading Does anybody here work in Oil trading or has experience in gas station business. I have few questions if the “terminal” price of gasoline is $3.12 for all the gas stations and it sells in the gas station for $3.55 then who is paying the tax about 34 c/gallon....
What kind of hedge fund would this be?
http://harpers.org/archive/2009/03/0082414 I was reading this article and they cover an interview between an "oil fixer" and a hedge fund. This hedge fund has, according to the article, purchased oil refineries that they need to offload and also owns land and a shoe factory. What sort of hedge fund...
Energy Trading / Commercial Analyst Programs
I've read through all the topics related to energy trading roles, and I know that you have to start in ops/scheduling before moving on to become a real trader. However, my background (chemical engineering major) isn't really suitable for obtaining a scheduling role at one of the majors. I know...
Oil Trading Internship Preparation
Hello everyone, I was hoping to apply to and secure oil trading internships (in companies like Trafigura) for the summer of 2013. I have been preparing by researching the firms and looking at previous interview questions as well as by reading through some of the useful posts and recommended readings...
How to break into oil trading?
Masters Student in Finance here, have internship experiences in corporate treasury, trading FX, and fund management. My FX Dealer senior tells me that the FX market now has lower margins and is more competitive because the FX market is now more transparent. He asked me to consider oil trading....
Questions regarding Trading
What is a good major for commodities trading , particularly oil/gas trading? I want to be a petroleum engineer, so what past that would help me secure a position at a Crude or NatGas desk? Furthermore, if I take the 4-6 years immediately after my degree to serve in the military, will this at all...
Do oil companies tend to be very bureaucratic
Accepted an offer for a trading position in major european oil company. But, I am shocked by how slowly decisions are taken, and by the huge amount of paper-work and bureaucratic work. Is this the trend in the industry, or just happen to have joined the most bureaucratic company in the world ?
Oil/Energy Trading superior to Prop Trading?
It seems to me that a lot of people these days think that trading oil and energy is better than trading equities or fixed income and I'm not sure why. I am not familiar with oil trading companies and their business model. Can someone shed me some light on the matter? I know that a lot of prop...
Who is/has been short [BP]?
I have been for awhile what about you guys?
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