Specialist, Market Research

Website ADCO

Job Description:

Review market supply/demand balances and analyze market conditions to provide price/trend forecasts and market outlooks and advice on pricing strategy covering ADNOC portfolio. Support Trading Units and Departments within Supply and Trading Directorate in their daily portfolio management/optimization exercises

Job Responsibilities:

  • Gather, monitor and analyze information related to global petroleum markets from a variety of sources to prepare regular reports including daily, weekly and monthly Crude & Condensate, Refined Products, Gas, Sulphur, Olefins & Aromatics covering actual market developments to advice Sales and Trading Units on price discovery and market trends.
  • Prepare presentations for high management, staff of Sales & Trading Units, other Business Line Directorates, and participate in regular and ad-hoc meetings with, refinery representatives and experts from external institutions & consultants.
  • Maintain up-to-date market information on all ADNOC hydrocarbon products, oil industry trading practices, individual country and regional oil supply/demand balances and oil flows affecting ADNOC & the UAE position in the global energy market.
  • Provide short term/long term market outlooks and price forecasts for ADNOC 17 Hydrocarbons; used on a corporate level within ADNOC. Also, participate in quarterly meetings to highlight the market situation for global refineries and advice on ADNOC Refinery optimization and profitability.
  • Prepare quarterly market outlook reports for Sales Units prior to term contract negotiation; in addition to carrying out spot sales or purchase assessments for ADNOC Hydrocarbon products.

Job Requirements:

  • Bachelor’s degree in Economics / Business Administration / Finance / Accounting.
  • 8 years of sales and marketing experience within the Oil & Gas industry including intensive technical sales, customer relation management, account management, and business development work.

Job Details:

Company: ADCO

Vacancy Type: Full Time

Job Location: Abu Dhabi Emirate, United Arab Emirates

Application Deadline: N/A

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