Crude Oil Trader Jobs
Crude Oil Trader jobs are open across energy trading houses, integrated oil majors, and commodity brokerage firms, from junior analyst to senior trader and desk head, with specializations in physical trading, derivatives, and risk management. Find a role that fits below and apply directly.
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Phillips 66 & YOU - Together we can fuel the future
The Commercial Scheduler III, Ponca City Crude will work in an open, fast-paced environment with a team of Schedulers and Traders in Houston to optimize crude oil supply throughout the Phillips 66 refining system and commercial businesses. This position is primarily responsible for activities related to supplying and loading crude via pipeline and truck movements to and from the Ponca City Refinery and associated assets. This role supports day-to-day crude scheduling execution, refinery and processing support, product coordination, inventory monitoring, supplier performance, and collaboration across commercial and operating / logistics teams to improve reliability, efficiency, and business results.
What You’ll Do
- Execute crude supply planning, scheduling, and blending activities within established systems and commercial frameworks.
- Coordinate crude movements across the supply chain, including refinery and processing support and logistics across rail, truck, pipeline, terminal, and other channels as needed.
- Monitor actual volumes loaded and received, reconcile scheduled versus physical movements, and actively manage long/short balances to support accurate positions, timely issue resolution, and supply reliability.
- Monitor supplier and service provider performance and support improvement actions when gaps arise.
- Analyze crude quality, cost drivers, market conditions, inventory positions, and supply-chain risks to support commercial decisions and optimizations.
- Actively manage upstream blend plans and nominations; coordinate with other scheduling desks to ensure nominations, receipts, deliveries, and operating plans remain aligned.
- Monitor refinery, terminal, and other asset operations and crude inventory positions, proactively identifying constraints, risks, and opportunities to support value optimization and supply reliability.
- Work with internal and external stakeholders to resolve issues, improve alignment, and support continuous improvement.
- Support continuous improvement efforts by identifying process enhancements, maintaining desk documentation, and sharing best practices to improve efficiency and execution quality.
What You’ll Bring - Required
- Legally authorized to work in the United States
- High School Diploma or GED equivalent
- 3 or more years of industry experience in logistics management, value-chain optimization, or commercial activity support
- Willing and able to work extended and non-standard hours
- Intermediate or greater proficiency with analytical tools such as Excel and PowerBI
What Makes You Stand Out – Preferred
- 1 or more years of commercial scheduling experience
- Experience with refinery or processing support, product scheduling, inventory management, or transportation logistics
- Experience with rail, truck, pipeline, terminal, or multi-modal movement coordination
- Bachelor’s degree or higher in a finance, technical, or engineering discipline
- Proficiency with SAP and/or Right Angle and commercial logistics or scheduling systems
- Demonstrated ability to manage competing priorities in a dynamic, fast-paced environment
- Strong analytical mindset with the ability to identify trends and support data-driven decisions
- Strong problem-solving, organizational, and communication skills
Compensation Range
This position has a base salary range of $125,100 – $152,900. This role is eligible to participate in the company’s commercial bonus program, offering the opportunity to earn additional compensation based on business and individual performance, in accordance with program guidelines.
At Phillips 66, we are committed to pay transparency and competitive, equitable compensation. Each role is assigned a salary grade with a defined pay range, benchmarked against industry peers. Where a candidate offer falls within the posted range depends on the candidate's experience, skills, and alignment with the role’s requirements. Offers are made to ensure internal equity and market competitiveness. Our compensation programs are designed to reward performance and support career growth.
The Commercial organization works to effectively leverage assets and market knowledge to create additional value within the risk parameters of the Company. We do this by maximizing general interest profitability, enhancing return on capital employed by successfully partnering with the Refining, Transportation and Marketing functions to ensure Value Chain Integration. Our truck and rail fleets support our feedstock and distribution operations. Rail movements are provided via a fleet of more than 10,000 owned and leased rail cars. Truck movements are provided through numerous third-party trucking companies, as well as through our 100 percent-owned subsidiary, Sentinel Transportation LLC.
Total Rewards
At Phillips 66, providing access to high quality programs and care for you and your family is important to us. Maintaining a culture of well-being — physical, emotional, social, and financial — is essential for a high-performing organization. When we are at our best, we are poised to deliver exceptional results — personally and professionally. Benefits for certain eligible, full-time employees include:
- 8% 401k company match
- Cash Balance Account pension
- Medical, Dental, and Vision benefits with an annual company contribution to a Health Savings Account for employees on HDHP
- Total well-being programs and incentives, including Employee Assistance Plan, well-being reimbursement, and backup family care services
Learn more about Phillips 66 Total Rewards.
Phillips 66 has more than 140 years of experience in providing the energy that enables people to dream bigger and go farther, faster. We are committed to improving lives, and that is our promise to our employees and our communities. We are sustained by the backgrounds and experiences of our diverse teams, which reflect who we are, the environment we create and how we work together. We have been recognized by the Human Rights Campaign, U.S. Department of Labor and the Military Times for our continued commitment to inclusive practices and policies in the hiring and retention of those in the LGBTQ+ community and military veterans. Our company is built on values of safety, honor and commitment. We call our cultural mindset Our Energy in Action, which we define through four simple, intuitive behaviors: We work for the greater good, cultivate an environment of trust, seek different perspectives and pursue excellence.
Learn more about Phillips 66 and how we are working to meet the world's energy needs today and tomorrow, by visiting phillips66.com.
To be considered:
In order to be considered for this position you must complete the entire application process, which includes answering all prescreening questions and providing your eSignature on or before the requisition closing date of November 29, 2026.
Candidates for regular U.S. positions must be a U.S. citizen or national, or an alien admitted as permanent resident, refugee, asylee or temporary resident under 8 U.S.C. 1160(a) or 1255(a)(1). Individuals with temporary visas such as E, F-1, H-1, H-2, L, B, J, or TN or who need sponsorship for work authorization now or in the future, are not eligible for hire.
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Who's Hiring



Top Industries Hiring
- Energy
What Employers Look For
The qualifications that appear most often in crude oil trader jobs.
- Bachelor's degree in finance, economics, engineering, or a quantitative field
- Experience trading physical or paper crude oil across major benchmarks such as WTI or Brent
- Proficiency in commodity trading and risk management platforms such as CTRM systems
- Strong understanding of futures, options, and derivatives pricing and hedging strategies
- NFA Series 3 registration or eligibility to obtain it prior to trading
- Knowledge of crude oil logistics including pipeline scheduling, tanker chartering, and storage
Tips for Your Crude Oil Trader Job Search
Quantify your P&L and book performance
Hiring desks want to see the size of the book you managed and the returns you generated. Replace vague resume bullets with concrete figures: notional value traded, margin contribution, and risk-adjusted outcomes on positions you owned.
Demonstrate crude grade and basis knowledge
Job postings for crude oil traders almost always specify WTI, Brent, or specific regional grades like Mars or WCS. Tailor your resume and cover letter to name the grades and delivery points you have actually traded, not just crude oil generically.
Apply early to roles that fit
Migrate Mate lists crude oil trader openings from across the United States in one place, so you can find roles that match your grade expertise and seniority level and apply directly to each listing.
Prepare for scenario-based interview questions
Crude oil trading interviews routinely include live market scenarios: contango versus backwardation plays, pipeline versus tanker arbitrage decisions, and storage optimization under shifting spreads. Work through these cases out loud so your reasoning is audible, not just your conclusion.
Get your Series 3 or CFA in order early
Many trading desks require an NFA Series 3 registration or view a CFA charter as a differentiator for structured or derivatives-focused roles. Confirm which credential aligns with the desk type you are targeting before you apply, not after you receive an offer.
Negotiate total comp, not just base salary
Crude oil trading compensation is heavily weighted toward variable pay tied to book performance and profit-sharing. When an offer arrives, ask specifically how the bonus pool is calculated, the lookback period used, and whether deferred components apply to your level.
Crude Oil Trader Jobs: Frequently Asked Questions
Which companies are hiring the most crude oil traders?
The companies hiring the most crude oil traders right now include Energy Transfer, Delek US, and Phillips 66, with the largest share of openings in Texas, Oklahoma, and Utah, based on current listings on Migrate Mate as of November 2026. Integrated majors, independent trading houses, and large commodity merchants tend to post the most volume consistently.
How many crude oil trader jobs are remote?
About 10% of crude oil trader openings are fully remote or hybrid as of November 2026, reflecting the desk-based, real-time nature of most trading roles. Positions focused on analytics, risk reporting, or back-office trade support are the most likely to offer location flexibility compared to front-office trading seats.
How do you become a crude oil trader?
Most crude oil traders start with a quantitative undergraduate degree in finance, economics, or engineering, then enter the industry through analyst or trade support roles that build exposure to deal flow and risk systems. From there, moving onto a junior trading seat requires demonstrating market intuition, an understanding of crude fundamentals, and the ability to manage risk under live conditions. Building expertise in a specific grade or region accelerates progression to a named book.
Can you get hired as a crude oil trader with little experience?
Entry into crude oil trading with limited direct experience is possible through trade operations, scheduling, or risk analyst roles that sit adjacent to the trading desk. These positions teach the logistics, systems, and commercial mechanics that front-office desks value. Candidates who can demonstrate quantitative fluency, knowledge of crude price benchmarks, and an understanding of physical supply chains are taken seriously even without a prior trading title.
What does the crude oil trader interview process look like?
The crude oil trader interview process typically moves through an initial screen with HR or a recruiter, followed by technical rounds with the trading desk covering market knowledge, derivatives pricing, and risk concepts. Final rounds often include a case study or live scenario where you analyze a spread, an arbitrage opportunity, or a hedging decision. Senior candidates may also face a presentation on a trade idea or a discussion of their historical book performance.
Where can I find and apply to crude oil trader jobs?
You can find and apply to crude oil trader jobs on Migrate Mate, which lists current openings from across the United States in one place. Search the listings to find roles that match your grade expertise, seniority level, and preferred location, then apply directly to each opening that fits.
See All 25 Crude Oil Trader Jobs
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