Crude Oil Trader - Mumbai, Maharashtra, India - Nayara Energy

Nayara Energy

Verified Company

Mumbai, Maharashtra, India

3 weeks ago

Posted by:

Deepika Kaur

beBee Recuiter

**ACCOUNTABILITIES
**ACTIVITIES

1

Crude procurement for the refinery in line with PlanContinuous discussion with Suppliers / Market to capture opportunities.

Get offers from Suppliers

Price negotiations

Negotiation of all aspects of deal

Finalise spot deals

2

Discuss with internal stakeholders - Finance, Operations, Legal

Finalise contract

3

Provide Input on availability and prices for various studies, planning purposesDiscuss with Market on price indications, cargo availabilities

Review and Develop pricing models for price forecast

4
Maintain accurate and updated database for

Registration of Suppliers

Coordinate with Finance and obtain necessary information to register / renew registration of counterparties
6
Widening of Crude BasketGet assays / samples of new crude oil grades

Follow up with EPS on status of Technical clearance of crude oil grades
- **KEY CHALLENGES

To maintain relationship with market players and obtain timely and accurate trade information
2. To develop / constantly review pricing models for price forecast

Ensure Crude deals done at / better than market levels- **KEY DECISIONS

-
Made by Jobholder:

Timing of Market entry & deal conclusion.
Basis Economics deciding the terms of the deal
Delivery / Payment.
View on Availability & Price levels Registration on New counterparties
Recommendations to superior:
Market entry timing for Spot & Term deals
Spot deals / Terms
Enrolment of counterparties Optimization opportunities. **INTERACTIONS

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Internal Interactions: