Vitol
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Company Description Vitol is a leader in energy and commodities. Vitol produces, manages and delivers energy and commodities to consumers and industry worldwide. In addition to its primary business of trading, Vitol is invested in infrastructure globally, with $10+billion invested in long-term assets.
Vitol’s customers include national oil companies, multinationals, leading industrial companies and utilities. Founded in Rotterdam in 1966, today Vitol serves its customers from some 40 offices worldwide. Revenues in 2024 were $331bn.
For more information: vitol.com
Job Description
Create profitable bulk liquid bitumen/asphalt transactions. Exploit optionality as to trade flows and particular molecular quality grades. Utilize and develop employment for company high temperature specialty shipping assets. While the base geographic area of responsibility is North America, Mexico, Central America, the Caribbean, and Latin America, a global perspective for trade opportunities is to be actively engaged. Additional responsibilities:
+ hedging fuel oil and crude oil pricing, foreign exchange, and commodity with timing risk management; + using knowledge of specifications of oil products (bitumen and asphalt) required by buyers and produced by sellers; + developing and supporting relationships with oil products (bitumen and asphalt) producers and suppliers; + and applying knowledge of ships with capability to carry bitumen and asphalt products to execute trades.
+ utilizing Chicago Mercantile Exchange (CME) and Intercontinental Exchange (ICE) market data to execute futures; + and applying knowledge of Asphalt Publications, Poten & Partners and Argus Asphalt to execute trade transactions.
Additional Information All your information will be kept confidential according to EEO guidelines.