Chevron is seeking an experienced, commercially driven Fuel Oil Trader to join its Product Supply & Trading (PSAT) organization in Houston, Texas, offering high-level energy trading professionals an exceptional opportunity to manage physical and financial portfolios across the Latin American (LATAM) region.
The role comes at a critical time as Chevron continues to optimize its global refined products and feedstocks books. Operating within the PSAT Fuels and Feedstocks team, the successful candidate will play a central role in connecting regional market dynamics with Chevron’s broader international trading hubs in Asia, Europe, and the Middle East, capturing global arbitrage opportunities while driving significant enterprise value.
About Chevron
Chevron is one of the world’s leading integrated energy companies, boasting well over a century of experience in exploration, production, refining, marketing, and supply chain logistics. With a global workforce of tens of thousands, the company sits at the forefront of the energy sector, managing complex operations that span from equity crude and oil product production to global marine fuel supply and advanced renewable energy initiatives.
Chevron’s Product Supply & Trading (PSAT) organization is a world-class trading operation that acts as the commercial pulse of the corporation. PSAT balances the company’s internal refining systems, secures the lowest-cost feedstocks, optimizes equity production placement, and actively trades physical and financial commodities in global markets to maximize commercial profitability.
The Role: Fuel Oil Trader – Houston
Chevron is looking for an analytical and entrepreneurial professional to manage its Fuel Oil trading book for the LATAM and international markets. Reporting through the PSAT group, the Fuel Oil Trader is fully accountable for both physical and financial trading activities, ensuring both outright trading profitability and strategic system optimization.
A primary focus of this position will be the origination and development of marine clientele, building market flow, and leveraging Chevron’s extensive infrastructure assets. The role requires a high degree of cross-commodity collaboration, working closely with global fuel oil commodity desks to identify inter-regional arbitrage flows and manage complex basis and price risk exposures.
Key Responsibilities
- Physical & Financial Trading: Execute spot and term trades in both physical and financial fuel oil commodities across LATAM and international markets to capture profit and optimize the enterprise system.
- Marine Client Origination: Focus heavily on the origination of marine clientele, building sustainable market flow, and structuring trading activities around those volumes.
- Strategy Formulation: Develop short- to long-term trading strategies, initiate and manage asset positions, and efficiently mitigate the price exposure of trading books.
- Global Arbitrage Development: Partner actively with Global Fuel Oil Commodity teams to bridge regional market plays with trading desks in Europe, the Middle East, and Asia.
- Asset Leverage: Utilize Chevron’s equity production, refining placement, and logistical infrastructure to leverage market opportunities and increase corporate earnings.
- Market Modeling: Collaborate with analysts to evaluate complex supply and trading scenarios, utilize risk management tools, and decode fundamental market indicators.
- Risk & Compliance: Conduct all trading activities within strict delegations of authority, conforming fully with corporate Risk Manual Guidelines and maintaining high operational excellence.
Candidate Profile
- Experience: Candidates must hold a Bachelor’s degree and possess a minimum of 5 years of commercial trading experience in fuel oil or closely associated refined products/crude oil, with a robust background handling both physical and financial instruments.
- Preferred Domain Expertise: Strong preference will be given to candidates who possess established fundamental knowledge of LATAM regional fuel oil flows, local marine infrastructure, and existing marine customer networks.
- Technical & Analytical Skills: Applicants should demonstrate:
- Deep understanding of commodity risk and reward concepts, including basis risk management and financial exposures.
- The ability to formulate inter-regional physical and financial trading strategies.
- Strong capability in modeling market alternatives to maximize enterprise value.
- Core Attributes: Chevron is seeking individuals with strong entrepreneurial drive, top-tier negotiation skills, leadership capacity, and a proven ability to work collaboratively across diverse global commodity teams.
Why Join Chevron?
- Global Trading Powerhouse: Work within a premier, highly integrated energy major with an expansive asset base, providing unmatched leverage in international trading markets.
- High-Impact Commercial Autonomy: Take direct ownership of a vital regional trading book with the flexibility to develop arbitrage flows and build custom client portfolios.
- Collaborative Global Network: Engage daily with a sophisticated global network of traders, analysts, and operators across major international energy hubs.
- People-First Corporate Culture: Join an organization that values human ingenuity, collaboration, and safety, committed to tackling the complex future of the global energy transition.
About the Location
Houston, Texas, serves as the primary epicentre for global oil, gas, and energy trading in the Western Hemisphere. Home to Chevron’s key trading floors, Houston provides direct access to the largest concentration of refining capacity, pipeline infrastructure, and maritime logistics networks in North America. For a Fuel Oil and marine fuels professional, the city offers an unparalleled business ecosystem, positioning traders directly alongside major shipping lines, marine infrastructure providers, and the key financial counters driving the LATAM and transatlantic energy trade.
How to Apply
Professionals who meet the requirements and are interested in applying for the Fuel Oil Trader position in Houston are encouraged to submit their applications through Chevron’s official recruitment site. The application window closes promptly on July 7, 2026, at 11:59 p.m. Central Time. Please note that this role is open to local candidates only, as relocation assistance and visa sponsorship are not provided.
Click Here to Contact and Apply via Chevron Careers website