Light Distillate Trader

Total Number of Openings

Execute all trading and commercial transactions related to equity volumes, supply activity for refineries and third party trading for profit positions.

Job Description

The Light Distillate Trader is responsible for developing and executing integrated physical and/or derivatives trading strategies in the Asia/East-of-Suez Light Distillate markets (Gasoline/NGL/LPG), optimizing Chevron’s system and third‑party opportunities to deliver profitable results. The role combines physical trading (cargoes, term/spot supply, blending economics, and logistics interface) with paper trading (swaps/futures) to manage exposure within risk limits, supported by strong market fundamentals, rapid decision-making, and strict adherence to compliance and Operational Excellence standards.

Key Job Responsibilities:

Trade physical Naphtha, Mogas and Components (spot and term) in East-of-Suez markets to optimize Chevron’s positions and generate profit, including third‑party activity where value-accretive.
Develop and execute physical trading strategies based on market structure, arbitrage signals, and regional supply/demand fundamentals.
Monitor regional NGL/LPG flows, arbitrage routes, and infrastructure dynamics
Work closely with operations, shipping, and commercial support teams to ensure operational requirements are accurately communicated, providing clear updates on positions, strategies, and needs to all supporting teams.
Collaborate with analytical teams to identify trends, quantify value, and improve trading decisions.
Manage risk exposure through derivatives (swaps, futures, options) across multiple time horizons and ensure compliance with internal risk limits.
Maintain strong relationships with brokers, counterparties, and internal stakeholders to enhance market intelligence.
Ensure adherence to compliance standards and Chevron’s Operational Excellence principles in all trading activities.

Required Qualifications:

Degree Level (or equivalent) in Engineering, Economics, Business, or related fields preferred.
Proven experience in NGL, naphtha or gasoline trading, with strong knowledge of physical and paper instruments and hedging strategies.
Strong analytical skills and ability to make quick, informed decisions under pressure.
Excellent communication and negotiation skills.
Proven track record of being strongly driven toward future success.
Flexible approach to working hours to accommodate the demands of a busy trading operation.
Periodic travel may be required.

Preferred Qualifications

Solid understanding of refining economics, blending, and arbitrage flows (East of Suez and globally)
Solid understanding of NGL value chain (production → fractionation → transport → markets)
3+ years of trading experience in Refined Products.

International Considerations:

Expatriate assignments will not be considered.

Chevron participates in E-Verify in certain locations as required by law.